Electric rates are approved by the Public Service Commission (PSC) after a formal application and hearing process.
The electric rate is comprised of the basic service charge, demand charge, energy charge and the fuel cost adjustment charge. At the time the rate case is filed, a base rate is set for the cost of electricity and the cost of moving the electricity from where it is made to where it is distributed.
If your electric service is disconnected for non-payment, learn how to get your electric service restored.
- Collection Fee: $25 If the customer's service is subject to disconnection and payment is received at the customer's premises.
- Reconnection Charge: $30 during regular business hours
|Residential Service||Commercial Service
(Meter Measuring Energy)
(Meter Measuring Energy and Demand)
|Basic Service Charge per month
|Energy Charge per kWh
|Demand Charge per kW
|Reactive Power per kVAR
When the PSC approves a rate, the basic service charge, demand charge and the energy charge remain constant until another rate is applied for through an application process. The fuel adjustment charge (FAC) fluctuates monthly, adjusted up or down, based upon costs the utility cannot control.
These costs include:
- Changes in fuel costs and spent fuel disposal
- Fluctuations in power supply contracts
- Fluctuations in the costs to move electricity from where it is produced to where it is distributed.
The fuel adjustment charge (FAC) is an essential part of our rate case process. If no mechanism for recovering these fluctuating, uncontrollable costs existed, the Board of Public Utilities (BPU) would be forced to file annual rate cases. Such a situation would dramatically increase the cost of electricity to all customers, as preparation and presentation of a rate case is costly and time-consuming.