ACE Board approves revenue distribution
March 08, 2018
The ACE Board of Directors recently approved the distribution of $250,000 to its 72 Nebraska member communities through ACE’s revenue return program as a not-for-profit, community-owned natural gas supplier.
Through the program, the ACE board of directors may return excess revenue beyond the cost of operating the organization to its member communities. Since forming in 1998, ACE has returned more than $2 million back to its Nebraska members. The funds are used in various ways to benefit each ACE member community.
“The formation of ACE was to provide local control regarding competitive natural gas pricing,” said Beth Ackland, ACE director of retail gas services. “The added benefit of having money returned back to Nebraska communities is a direct result of ACE being not-for-profit and community-owned.”
As it has in every year since forming, ACE will compete as a natural gas supplier in the Nebraska Choice Gas selection period, set for April 13-26. Selections may be made online using ACE’s Web site (www.ACEenergy.org) or by phone at (800) 454-4759. Selection forms will be mailed out to all eligible customers prior to the start of the selection period.
Learn more about ACE and its role in the Nebraska Choice Gas program at www.ACEenergy.org.