Rates, Fees and Deposits
Daily availability charge replaces monthly basic electric charge on new bill
The monthly basic electric charge has been changed to a daily availability charge on your new statement. This better communicates the actual cost of making electricity available to you on a daily basis. Charges for off-peak meters and security lights have also changed from monthly to daily. The availability charge is $1.18367 per day for residential members. It was formerly itemized on the bill as the basic electric charge of $36 per month. This is not a rate increase, it simply breaks the monthly charge down to a daily charge of 365 days per year.
What is the availability charge?
The daily availability charge covers your share of the cost to build and maintain power lines and the electric system that makes power available at your location. This charge is higher in rural areas because costs are shared by fewer members.
What is the kWh energy charge?
The kWh energy charge covers the cost of electricity you actually use, including its generation and transmission from the power plant. This rate schedule includes separate rates for winter and summer, with higher rates in the summer months when demand is higher. Winter rates are October through May and summer rates are June through September. Rates are higher in summer because demand and wholesale power costs are higher. Co-op members use more electricity during the hottest days of summer than they do on the coldest days of winter. As a result, power costs more during the summer than in the winter.
Helping members conserve and save
Polk-Burnett employees are always looking for ways to help members conserve and save, while creating greater comfort in your home. We offer off-peak electric heating systems and low off-peak rates at a significant cost-savings. The co-op also offers EnergySense rates on energy-efficient heating and cooing systems, geothermal systems, lighting and appliances. Plus, home performance tests help identify areas to tighten your home for more efficient heating and cooling. The co-op offers rebates on these tests and home improvements.
For more information about electricity rates and tips to conserve and save, contact Polk-Burnett member services at 800-421-0283 ext. 595 or via email.