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Modest Rate Increase

Modest distribution rate increase slated for 2010

The distribution rate for residential, seasonal and single phase commercial members will increase by 1/2 cent per kWh effective in January 2010.  As a result of the rate adjustment, the total monthly bill of a typical residential member using 800 kWh of electricity will increase by $4.00.  This change was authorized following a review of the 2010 budget and financial forecast for the coming years. Due to increased operating costs, the change is necessary in order to meet financial objectives and to fund reliability and other improvement projects.  This move will change the distribution rate from 2.864 cents per kWh to 3.364 cents per kWh. The cost-of-service charge will remain at $26.70 per month, and the rate for generation & transmission will remain at 6.245 cents per kWh.

 

Your board and management are committed to the responsible operation of your electric cooperative, excellence in service to our members, and providing a safe and reliable source of electricity.

 

 

 

 

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