WEC Price Redesign implemented

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 is necessary to adjust prices to maintain a financially sound company. Click on the image on the right to download a pdf of the complete explanation.

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			$ -0.0055
1) Ancillary	$ 12.50	$ 0.0129	$0.0963			$ -0.0055
2) <50 kW	$ 25.00	$ 0.0106	$ 0.1052			$ -0.0055
6) Ancillary
7) Ag Production	$ 20.00	$ 0.0110	$ 0.1098			$ -0.0055
7) Ancillary	$12.50	$ 0.0110	$ 0.1098			$ -0.0055
Rates effective Jan. 5, 2010

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 - 0.0055) + 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 $0.0055 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?