Reduction in electric rates for removal of IURT are as follows.
Rate Classification | Proposed Rate Components | Current Rates* | Adjusted Rates** |
Rate Classification | Proposed Rate Components | Current Rates* | Adjusted Rates** |
RS Residential | Minimum charge per month | $6.24 | $6.15 |
Energy Charge per kWh | |||
First 40 kWh | $0.15590 | $0.15372 | |
Next 60 kWh | $0.12750 | $0.12572 | |
Next 900 kWh | $0.08960 | $0.08835 | |
Over 1,000 kWh | $0.08200 | $0.08085 | |
CS Commercial and General Power | Minimum charge per month | $6.24 | $6.15 |
Energy Charge per kWh | |||
First 40 kWh | $0.15590 | $0.15372 | |
Next 460 kWh | $0.13520 | $0.13331 | |
Next 500 kWh | $0.11430 | $0.11270 | |
Next 1,000 kWh | $0.09340 | $0.09209 | |
Next 5,000 kWh | $0.08380 | $0.08263 | |
Over 7,000 kWh | $0.07800 | $0.07691 | |
LS All Electric Heat for Library or School | Minimum charge per month | $10.24 | $10.10 |
Energy Charge per kWh | |||
For all kWh per kWh | $0.08200 | $0.08085 | |
OL Outdoor Lighting | Energy Charge per Month | ||
175 watt | $5.10 | $5.03 | |
400 watt | $7.33 | $7.23 | |
Plus | |||
Each 30-foot standard wood pole (per pole) | $0.58 | $0.57 | |
Each span of secondary wire (per span) | $0.39 | $0.38 | |
SL Street Lighting and Highway Lighting | Energy Charge per Year | ||
175 watt mercury vapor | $62.39 | $61.52 | |
250 watt mercury vapor | $76.40 | $75.33 | |
400 watt mercury vapor | $87.85 | $86.62 | |
1,000 watt mercury vapor | $121.25 | $119.55 | |
100 watt high pressure sodium | $62.39 | $61.52 | |
150 watt high pressure sodium | $69.39 | $68.42 | |
400 watt high pressure sodium | $87.85 | $86.62 | |
Notes to table: * Current rates include Indiana Utility Receipts Tax of 1.4% ** Adjusted rates reflect repeal of 1.4% Indiana Utility Receipts Tax by state legislature in March 2022 | |||
(Ord. 2022-03, passed 6-21-2022)