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POWER COST ADJUSTMENT

Providing Electricity at Cost

As a not-for-profit electric cooperative, Tipmont provides electricity to you at cost — meaning Tipmont does not profit from selling you electricity.

The Power Cost Adjustment (PCA) is an adjustment made to your electric bill each month to reflect fluctuations in the true cost of power purchased from Tipmont’s provider, Wabash Valley Power. The fluctuation is largely caused by changes in the cost of fuel for generation. Tipmont receives no benefit or profit from the PCA.

The PCA appears as a separate line item on each member’s bill each month. This adjustment is applicable to, and becomes a part of, all Tipmont retail rate schedules and is applicable to all sales.

The PCA is calculated each month and allows Tipmont’s monthly rates to stay consistent rather than changing with each fluctuation in the generation cost of energy.

CALCULATED MONTHLY

Power Cost Adjustment History

Date PCA Begins With
2024-04 $0.00 Bills mailed April 22, 2024
2024-03 $0.00 Bills mailed March 22, 2024
2024-02 $0.00 Bills mailed February 22, 2024
2024-01 $0.00 Bills mailed January 22, 2024
2023-12 $0.00 Bills mailed December 22, 2023
2023-11 $0.00 Bills mailed November 22, 2023
2023-10 $0.00 Bills mailed October 22, 2023
2023-09 $0.01 Bills mailed September 22, 2023
2023-08 $0.01 Bills mailed August 22, 2023
2023-07 $0.01 Bills mailed July 22, 2023
2023-06 $0.01 Bills mailed June 22, 2023
2023-05 $0.01 Bills mailed May 22, 2023
2023-04 $0.01 Bills mailed April 22, 2023
2023-03 $0.00 Bills mailed March 22, 2023
2023-02 $0.00 Bills mailed February 22, 2023
2023-01 $0.00 Bills mailed January 22, 2023
2022-12 $0.00 Bills mailed December 22, 2022
2022-11 $0.00 Bills mailed November 22, 2022
2022-10 $0.00 Bills mailed October 22, 2022
2022-09 $0.00 Bills mailed September 22, 2022
2022-08 $0.00 Bills mailed August 22, 2022
2022-07 $0.00 Bills mailed July 22, 2022
2022-06 $0.00 Bills mailed June 22, 2022
2022-05 $0.00 Bills mailed May 22, 2022
2022-04 $0.00 Bills mailed April 22, 2022
2022-03 $0.00 Bills mailed March 22, 2022
2022-02 $0.00 Bills mailed February 22, 2022
2022-01 $0.00 Bills mailed January 22, 2022
2021-12 $0.00 Bills mailed December 22, 2021
2021-11 $0.00 Bills mailed November 22, 2021
2021-10 $0.00 Bills mailed October 22, 2021
2021-09 $0.00 Bills mailed September 22, 2021
2021-08 $0.00 Bills mailed August 22, 2021
2021-07 $0.00 Bills mailed July 22, 2021
2021-06 $0.00 Bills mailed June 22, 2021
2021-05 $0.00 Bills mailed May 22, 2021
2021-04 $0.00 Bills mailed April 22, 2021
2021-03 $0.00 Bills mailed March 22, 2021
2021-02 $0.00 Bills mailed February 22, 2021
2021-01 $0.00 Bills mailed January 22, 2021
2020-12 ($0.00) Bills mailed December 22, 2020
2020-11 $0.00 Bills mailed November 22, 2020
2020-10 $0.00 Bills mailed October 22, 2020
2020-09 $0.00 Bills mailed September 22, 2020
2020-08 $0.00 Bills mailed August 22, 2020
2020-07 $0.00 Bills mailed July 22, 2020
2020-06 $0.00 Bills mailed June 22, 2020
2020-05 $0.00 Bills mailed May 22, 2020
2020-04 $0.00 Bills mailed April 22, 2020
2020-03 $0.00 Bills mailed March 22, 2020
2020-02 $0.00 Bills mailed February 22, 2020
2020-01 $0.00 Bills mailed January 22, 2020
2019-12 $0.00 Bills mailed December 22, 2019

A note on wholesale power

Some months, the cost of wholesale power is below the base rate. The difference appears on your electric bill as a credit.

A note on wholesale power

Some months, the cost of wholesale power is below the base rate. The difference appears on your electric bill as a credit.

Breaking Down the Power Cost Adjustment (PCA) Formula

F=(A-B)/C+R

The PCA is calculated each month by multiplying the amount charged or credited by the number of kilowatt hours used. For example: If the amount charged is .02420, and 1,000 kWh were used during the billing period, the PCA would be a charge of $2.42.
This is the estimated total purchased power cost billed during the calendar year. Each month’s calculation uses a combination of estimated purchased power costs and actual purchased power costs as they become available.
This is estimated revenue collected from customers for the recovery of purchased power cost for the calendar year. The revenue shall be estimated on the average purchased power costs per kWh included in base rates. Each month’s calculation should be updated with actual purchased power revenue as it becomes available.

This is the estimated kWh sales for remaining billing months in the calendar year, applicable to “F.”

This is the prior period Over / (Under) recovery of purchased power costs.
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