1 minute read
Rate increase and bill changes QUICK BREAKDOWN
Next Article
Starting on the bill you receive next month, the average residential member will see an increase due to increased costs to operate the cooperative. Commercial accounts are being contacted individually. You can learn more on our website: www.midwestrec.com/2023-rate-increase.
Standard Residential Rate
What’s the di erence?
• $10 increase in Service Availability monthly charge
• About a $0 005 per kWh increase in energy charge or ½ of a cent per kWh
Residential Reduced Rate (O -Peak)
What’s the di erence?
The current Reduced Rate is a one-cent discount for 2,000 kWh for 8 months, with potential max savings of $160 per year compared to the standard rate.
The new Reduced Rate is a one-cent discount for 1,000 kWh for 12 months, with potential max savings of $120 per year compared to the standard rate.
Even after our upcoming increase, electricity still costs less than propane to heat your water. An electric heat pump or geothermal system also costs less than propane to heat your house.
transmission costs.
No power? We’ll text you! All mobile numbers on file will receive text alerts for outages affecting your location. Plus, you’ll receive peak alert announcements notifying you to conserve energy during high-demand times this summer. Call our office at 419-394-4110 to add phone numbers not already on file.
