Vol73-2 February 2023
Member newsletter for Southern Maryland Electric Cooperative
The typical residential SMECO bill is divided into three main portions: Standard Offer Service (SOS); Distribution Service; and Regulatory, State, and Local Taxes.
As of December 2022, SMECO has commissioned 32 electric vehicle (EV) charging stations in Southern Maryland. With a goal of 60 stations by 2023, SMECO has exceeded the halfway point. The most recent stations were commissioned at Elite Gymnastics in Waldorf, Edward T. Hall Aquatic Center in Prince Frederick, and Regency Furniture Stadium in Waldorf.
The electric industry is going through a transformative shift and three key trends stand at the forefront of the changes facing electric utilities: decarbonization, decentralization, and digitization. In this article, we will focus on decarbonization.
Completed scholarship application packages are due by April 6, 2023. Learn more about the SMECO scholarships at smeco.coop/scholarships.
Energy efficiency tip of the month
Did you know insulating your electric water heater could reduce standby heat loss by 25 percent to 45 percent? This could save you seven percent to 16 percent on annual water heating costs. Insulating your electric water heater is an easy, inexpensive project that can improve energy efficiency and save you money each month. You can purchase pre-cut jackets or blankets for about $20 at most home improvement stores. Visit energy.gov for project tips and additional considerations.
Find out about upcoming events in Southern Maryland.