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PGEC Rate Filing
Prince George Electric Cooperative (PGEC) has completed
its cost of service study in order to determine the most
practical rate structure and the appropriate rates needed
in order to cover its current costs. We will file for a
7.56% rate increase with the State Corporation Commission
to be effective for electric use on and after September 1,
2009.
We have filed this rate increase out of our necessity to
keep up with rising costs of materials and purchased
energy. Distribution rate increases to our membership
have been avoided due to growth and operational
efficiencies, however these factors can not sustain an
organization indefinitely. This can be evidenced in the
fact that PGEC has not asked for a distribution rate
increase since April 1984.
For the average residential customer using:
| Energy Usage |
Estimated Additional Charge |
| 600 kilowatt hours |
$9.44 Per Month |
| 1,320 kilowatt hours |
$13.57 Per Month (average member use) |
| 3,000 kilowatt hours |
$23.21 Per Month |
There are two basic costs involved in providing your
electric service:
- electricity / energy
- distribution / delivery of electricity to your
home or business. PGEC does not control the actual
cost of electricity. This component is billed to
our membership with out mark up on a pass through
basis. Our rate filing will only impact the cost
of us delivering electricity. The rate filing also
asks to structure rates to more clearly define the
costs for electricity versus the cost for distributing
electricity.
In the future, the cost of electricity will continue to
be the most volatile portion of your electric bill. As
demand for electricity increases while generation of
electricity does not, prices will likely continue to
increase. Even though the long term solution to our energy
problems relies in a comprehensive energy plan through our
legislators, there is a lot we can do in the short term in
order to ease the impact.
Prince George Electric Cooperative has been working to
provide our membership with tools that will enable us to
conserve electricity and use electricity wisely. A new time
of use rate structure included in our rate filing is a
first step toward providing discounts for the use of
electricity during off peak hours.
We have tools on our web
site that provide guidance for improving the energy
efficiency of your home. There is also information
here about
Farm Credit Loans for energy efficiency projects. You
can call toll free at 800-919-FARM.
The Weatherization program provides free energy evaluations
and services based on income levels and the
Emergency Home Repair Programs (EHRP) are a matching
payment program for energy efficiencies. Contact
information for these two programs can also be found by
visiting our Weatherization
page.
The cooperative itself
has taken measures to reduce energy usage by installing
remote meter reading equipment, and instituting measures
as simple as cutting lights back during the middle of
the day during peak hours. Our goal is to create an
environment that will allow our members the resources
to combat the rising cost of energy in the future.
The specific proposed rate changes can be seen in the
attached information. ( 259 KB)
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