In early March ACE distributed $144,774 to its member communities. The revenue distribution is from the 2007-08 gas year.
The ACE board of directors, which includes one representative from each of the member communities, may return any excess revenue beyond the cost of operating the organization to its member communities. Since forming in 1998, ACE has returned more than $845,000 back to its members.
ACE will again be the only community-owned, not-for-profit supplier in the Choice Gas selection period, which begins April 17 and runs through April 30.
ACE was formed to provide competition in the Choice Gas program in helping natural gas customers get the lowest price possible and keeping money in Nebraska.
Member communities have used these revenue distribution funds in many ways including improvements to infrastructure, public transportation and parks and playgrounds.