Union Power Cooperative Undergoes Cost-of-Service and Rate Study - Carolina Country
February 2019
February 2019

Effective April 1, 2019, Union Power will implement our first rate increase in four years. The rate adjustment includes an increase to the Basic Facilities Charge1 and changes to the kWh rates for both residential and commercial services.

As a not-for-profit electric cooperative operating at cost, it’s important to ensure rates are designed to recover the costs of providing you safe and reliable electricity. Every few years we hire an independent rate firm to conduct a Cost-of-Service and Rate Study2. The most recent study was conducted in 2018. Based on the outcome, residential rates will increase an average of 2.3 percent. The rate changes are necessary to offset projected increases for wholesale power and operating expenses.

Periodic rate adjustments ensure the financial strength and security of your Cooperative and our ability to provide our members with safe, reliable electric service.

General Service Rate*

Applicable to farm, residential, small business, schools, churches and community buildings receiving single-phase service or to residential receiving three-phase service.

Basic Facilities Charge

Single-Phase (400 amps or less) $30.00 per month

Single-Phase (>400 amps or 3-phase res.) $50.00 per month

Energy Charges

Summer (bills rendered June - October)

All kWh $0.10060 per kWh

Winter (bills rendered November - May)

First 1,000 kWh $0.10060 per kWh

Over 1,000 kWh $0.09540 per kWh

Residential All-Electric Service Rate*

Applicable to residential members, mobile homes or individually metered apartments only.

Basic Facilities Charge

Single-Phase (400 amps or less) $30.00 per month

Single-Phase (>400 amps or 3-phase res.) $50.00 per month

Energy Charges

Summer (bills rendered June - October)

All kWh .$0.09740 per kWh

Winter (bills rendered November - May)

First 500 kWh .$0.09660 per kWh

Over 500 kWh $0.09160 per kWh

Pre-Pay Service Rate*

Basic Facilities Charge

Single-Phase (400 amps or less) $1.08 per day

Energy Charges

General Service Rate $0.09985 per kWh

Res. All-Electric Service Rate $0.09487 per kWh

Fees

Connection Fee $25.00

Minimum Purchase $50.00

Commercial Service Rate*

Applicable to members located on or near three-phase lines and receiving three-phase service.

Basic Facilities Charge

$75.00 per month

Demand Charges

First 25 kW $0.00 per kW

Over 25 kW $7.75 per kW

Energy Charges

First 3,000 kWh $0.1111 per kWh

Next 7,000 kWh $0.0740 per kWh

Next 20,000 kWh $0.0596 per kWh

Next 50,000 kWh $0.0562 per kWh

Over 80,000 kWh $0.0528 per kWh

*Applicable riders, including those associated with the North Carolina Renewable Energy and Energy Efficiency Portfolio Standard (REPS) and the Wholesale Power Cost Adjustment (WPCA) may apply. Visit union-power.com for a full schedule of all Union Power’s Rates and Riders.

1Basic Facilities Charge – Recovers a portion of the Cooperative’s fixed monthly cost that occurs regardless of the amount of energy purchased or sold. This includes the meter, meter reading, bill rendering and remittance processing, phone and outage system operation to provide for 24-hour emergency service for power restoration and repairs. The basic facilities charge is included in the energy charge on your bill.

2Cost-of-Service and Rate Study – Evaluates costs associated with wholesale power, operating expenses, materials, regulatory compliance, as well as infrastructure construction and maintenance. Rates are designed to equitably recover these costs.

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