Lorain-Medina R E C, Inc late fee
Ohio · Cooperative
Lorain-Medina R E C, Inc charges 6% for a residential electric bill paid late.
- Percentage fee
- 6% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 81% of US utilities that charge a percentage fee
- Residential customers
- 15,234
Disconnections in 2024
- Disconnections
- 492 for non-payment
- Rate
- 3.28 per 100 residential customers
- Final notices
- 1,503
- Reconnections
- 394
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
6% undiscounted rate on bills received after the 24th (Lorain-Medina Rural EC co-op OH)
Source: https://www.lmre.org/fees