Reduction to WPCA Charge
Wholesale Power Costs Adjustment Decreases
July 2015 will see a decrease in member energy rates.
Prince George Electric Cooperative announced that as a result of declining wholesale power costs, PGEC members will pay $ 1.34 less for every 1,000 kilowatt-hours (kWh ) used starting with their July energy use. A service location using 2,500 kWh will pay $3.35 less monthly on their electric bill.
When the Cooperative receives charges or credits on its wholesale power bills under the provision of the Energy Adjustment Clause, the rates of the Cooperative will correspondingly increase or decrease.
The new Wholesale Power Cost Adjustment (WPCA) has been reduced by $.00134 to a rate of $ .03124 per kWh, a 4.2% decrease. The WPCA is the rate component on your electric bill that reflects the variable cost of electricity that PGEC purchases from its wholesale power supplier.