The rates charged for electric service detailed below were effective February 1, 2024.
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Residential Rate Code 01 |
Facilities Charge (per month): $31.00 Energy Charge (per kWh): $0.1138 |
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Irrigation Rate Code 130 |
Facilities Charge (April-Sept): $105.00 Demand Charge (per kW): $19.38 Energy Charge (per kWh): $0.0678 Annual Minimum: $630.00 Demand Cap*: $0.30 *The Demand Cap (total demand cost/kWh) sets a ceiling on monthly billing not to exceed an average cost of $0.30 per kWh when the monthly demand cost is divided by monthly usage (kWh). The demand cap limits the monthly demand charge where an unusually large demand (kW) is set relative to small monthly kWh used. |
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Small Power Rate Codes 40, 41 & 61 |
Three Phase Facilities Charge (per month)*: $75.00 Single Phase Facilities Charge (per month)*: $50.25 Energy Charge (per kWh): $0.0988 *Depending on the type of service, accounts will either be charged the Three Phase Facilities Charge OR the Single Phase Facilities Charge. |
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Large Power Rate Codes 50 & 56 |
Facilities Charge (per month): $95.00 Demand Charge (per kW): $14.35 Energy Charge (per kW): $0.0600
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Industrial Rate Codes 85, 86 & 87 |
Facilities Charge (per month) 1-10 MW: $2,500.00 10-30 MW: $3,500.00 Over 30 MW: $5,500.00 Demand Charge (per kW) 1-10 MW: $22.80 10-30 MW: $24.00 Over 30 MW: $25.45 kWh Charge 1-10 MW: $0.0446 10-30 MW: $0.0426 Over 30 MW: $0.0370 |
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Transmission Service Rate Code 88 |
Facilities Charge (per month): $750.00 Demand Charge (per kW): $24.98 Energy Charge (per kWh): $0.0370 |
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Stock Well Rate Code 05 |
Facilities Charge (per month): $35.00 Energy Charge (per kWh): $0.1148 Annual Minimum: $420.00 |
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ETS Time-of-Use Rate Code 07 |
Facilities Charge (per month): $31.00 Off-Peak Energy Charge (per kWh): $0.0500 On-Peak Energy Charge (per kWh): $0.2305 Off-Peak Hours | 12:00 pm - 5:00 pm; 10:00 pm - 7:00 am On-Peak Hours | 7:00 am - 12:00 pm; 5:00 pm - 10:00 pm |
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Air Force Rate Code 20 |
Facilities Charge (per month): $125.00 Demand Charge (per kWh): $12.00 Energy Charge (per kWh): $0.0718 Minimum Monthly Charge The minimum monthly bill shall be given on the Effective Date of Taking Service and will be $5,635 per month when the sum of demand exceeds 100 kilowatts or $3,625 when the sum of demand is less than 100 kilowatts. Demand charges will be in addition to the monthly minimum. |
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Unmetered Lighting Rate Code 70 |
Each 100 W Lamp: $11.43 Each 150 W Lamp: $12.29 Each 175 W Lamp: $13.53 Each 400 W Lamp: $25.07 Each 1500 W Lamp: $86.37 Each LED Lamp: $13.53 |
Voluntary Green Power Program - $ 0.10 per 100 kWh Block
Morgan County Rural Electric Association, Inc., Notice of Proposed Change in Rates Charged for Electric Service:
Effective February 1, 2024
Dear MCREA Member,
This notice is to officially inform you that the board of directors of Morgan County Rural Electric Association, Inc., is proposing certain changes to rates charged for electric service purchased on or after February 1, 2024.
The Morgan County REA Board of Directors’ guiding objective is to make electric energy available to the consumer-members of the cooperative at the lowest possible cost that is consistent with sound economic and business practices. As was announced last summer, our wholesale power provider, Tri-State Generation & Transmission, increased the wholesale rate charged to MCREA for purchased power by 6.1% as of January 1, 2024. The costs for MCREA to distribute that power have also increased significantly.
In response to these changes, an independent cost-of-service study was conducted late last year to guide a necessary rate change. As a result of the 2024 wholesale power rate increase and the recent cost-of-service study information, the MCREA Board of Directors has proposed an average overall rate increase of 4.96% for the 2024 electric rate classes.
It is MCREA’s mission to serve members by providing safe, reliable energy as affordably as possible. On behalf of the Morgan County REA Board of Directors, thank you for your continued support of your local electric cooperative.
Sincerely,
Dave Frick, General Manager