Rate Change Breakdown

Changes to Cherryland’s rates will go into effect April 1. These changes include:

• $3 increase in the residential availability charge
• $2 increase in general service availability charges
• Adding the current PSCR charge ($0.0094/kWh) to current energy charge ($0.1098/ kWh). The new energy charge will become $0.1191/kWh and the PSCR charge will be set to zero. The impact of this change will be revenue neutral. Future changes to the PSCR charge will be determined by fluctuations in actual power supply costs after 2018.

Cherryland’s board of directors approved these changes to the cooperative’s rates at their October 2017 board meeting.

If you have questions, Cherryland’s General Manager Tony Anderson will be hosting a Facebook Live Q&A on Thursday, April 19, at 12 p.m. and Thursday, May 3, at 7 p.m. You may also submit questions by email at cec@cherrylandelectric.coop.

By |2018-05-07T12:24:54+00:00April 6th, 2018|Announcements, Rates|0 Comments

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