Electricity Rates Change
TCEC Board of Trustees approves rate changes effective January 1, 2018.
In its December meeting, the TCEC Board of Trustees approved rate changes for most rate classes. This rate change is the second phase of a multi-phase rate restructuring identified in a recent cost of service study. In addition to this, Mother Nature dealt TCEC two devastating storms in 2017. The restoration of our system’s infrastructure is putting some financial strain on the cooperative and will do so for several years as restoration continues.
Members on the residential service rates and general service rates will see a change in their energy charge. The service availability charge will not change.
Residential Service Rate
Members on the residential service single- or three-phase rates will see their energy charge change from $0.1070 to $0.1095. This is a $0.0025 increase, which is effective January 1, 2018.
A member with average residential energy use of 1,000 kWh per month will see an increase in their bill of about $2.50 per month.
General Service Rate
Members on the general service single- or three-phase rates will see their energy charge change from $0.119 to $0.122. This is a $0.003 change, effective January 1.
General service members with an average energy use of 1,000 kWh per month will see an increase of about $3 per month.
Security Lights and Other Rates
Security light rates are also changing as well as large power, industrial and other rates. To see the new rates, view the full Rules and Regulations of Service at www.tcec.coop under the ‘About’ section.
Contact Us with Questions
If you have any questions or concerns regarding this rate adjustment, please call us at 580.652.2418.
We value you as members and place a strong emphasis on providing you with exceptional service.
This article originally appeared in the January 2018 LiveWire newsletter.
Published January 2, 2018.