Rate Information
Many of the nation’s rural electric cooperatives and other utilities are facing the need to implement a price adjustment due to fluctuating wholesale power costs, weather and consumer conservation. Because Wiregrass Electric Cooperative (WEC) is a not-for-profit utility, we are required to meet financial obligations as well as Rural Utilities Service (RUS) requirements.
To maintain the quality, reliability and integrity of the services WEC provides, it was necessary to adjust prices in January 2010 to maintain a financially sound company. Rate explanation brochure.
How your rate is calculated . . .
The chart below can help you see how your energy rate is calculated:
| Rate | Facility Charge | Energy Distribution | Energy Wholesale | Demand Distribution | Demand Wholesale | WPCA* |
| 1) Residential | $ 25.00 | $ 0.0129 | $ 0.0963 | | | $ -0.0005 |
| 1) Ancillary | $ 12.50 | $ 0.0129 | $0.0963 | | | $ -0.0005 |
| 2) <50 kW | $ 25.00 | $ 0.0106 | $ 0.1052 | | | $ -0.0005 |
| 6) Ancillary | | | | | | |
| 7) Ag Production | $ 20.00 | $ 0.0110 | $ 0.1098 | | | $ -0.0005 |
| 7) Ancillary | $12.50 | $ 0.0110 | $ 0.1098 | | | $ -0.0005 |
| Rates effective Jan. 5, 2010 |
*WPCA (Wholesale Power Cost Adjustment) will be reassessed each month and adjusted in accordance with the actual cost of wholesale power. This rate was readjusted June 2010 to a credit of .05-mill.
Compare old and new . . .
You can estimate your bill and compare against the old rate using the following equation or the chart below:
NEW RATE 1: ______ kwh x (0.0129 + 0.0963 - 0.0005) + 25.00 x .0620 (tax) = $_________
OLD RATE 1: ______ kwh x (0.075 + 0.042) + 10.50 x .0620 (tax) = $_________
Use the chart below as an example to compare the new redesign compared to the old rate schedule.
| RATE 1 |
| KWH | KWH$ | FACILITY | FUEL | SUBTOTAL | TAX | TOTAL | |
| 1200 | 90.00 | 10.50 | 50.40 | 150.90 | 9.36 | 160.26 | OLD RATE |
| 1200 | 131.04 | 25.00 | 6.60 | 149.44 | 9.27 | 158.71 | NEW RATE |
| |
| RATE 2
|
| KWH | KWH$ | FACILITY | FUEL | SUBTOTAL | TAX | TOTAL |
|
| 1100 | 82.50 | 10.50 | 46.20 | 139.20 | 8.63 | 147.83 | OLD RATE |
| 1100 | 127.38 | 25.00 | 6.05 | 146.33 | 9.07 | 155.40 | NEW RATE |
|
|
| RATE 11
|
| KWH | KWH$ | FACILITY | FUEL | SUBTOTAL | TAX | TOTAL | |
| 1220 | 91.50 | 15.25 | 51.24 | 157.99 | 9.80 | 167.79 | OLD RATE |
| 1220 | 133.22 | 29.75 | 6.71 | 156.26 | 9.69 | 165.95 | NEW RATE |
With the new redesigned rate, the cost per kwh actually decreases and includes a $0.0005 Wholesale Power Cost Adjustment credit. Compared to the old rate, the total amount of the redesigned bill decreases compared to the same amount of kwh the more kwh used as seen in the chart below:
What can you do to control energy use and cost?