Applicable at the City's discretion in the territory served by the City of Grand Island at locations acceptable to the City who meets all the following conditions:
A. Has monthly peak demand of 1,000 kW or greater of new or expansive load.
B. New load or expansion of existing load has monthly load factor of 60% or greater.
C. Enter into an agreement with the State of Nebraska or other political subdivision to provide an economic development project under state or local laws and is in compliance with all obligations under said agreement.
D. Enter into a service agreement with the City.
E. The City determines that it has sufficient capacity available in production and transmission facilities at the location where service is requested.
Rate: | |
Effective Date: | October 1, 2024 |
Customer Charge, per month | $1,000.00 |
Demand Charge, per kW | $11.50/kW-month of Contract Demand |
Energy Charge, per kWh | $0.035/kWh |
Plus the applicable Power Cost Adjustment charge (applied to energy consumption only), Power Factor Correction Charge, and Electric City Dividend.
Rate: | |
Effective Date: | October 1, 2025 |
Customer Charge, per month | $1,000.00 |
Demand Charge, per kW | $12.00/kW-month of Contract Demand |
Energy Charge, per kWh | $0.035/kWh |
Plus the applicable Power Cost Adjustment charge (applied to energy consumption only), Power Factor Correction Charge, and Electric City Dividend.
Facility Charge: Customer will be responsible for any capital costs as determined by an engineering and economic analysis prepared by the City and agreed to between the customer and the City.
Minimum Bill: The minimum monthly bill shall be sum of the Customer Charge plus Demand Charge multiplied by Contract Demand plus Electric City Dividend plus Facility Charge.
Term: Service under this rate schedule is available for a period of up to 60 months, commencing when the customer first meets the minimum 1,000 kW size and monthly load factor requirements. Any service prior to this period is under the applicable commercial rate class.
Failure to Comply with Requirement of Economic Development Agreements: If the customer fails to comply with the terms and conditions of any economic development agreement entered into with the State of Nebraska or other political subdivision as well as the service agreement with the City, including minimum load and monthly load factor provisions, service under this rate schedule will be suspended and customer will revert to the otherwise applicable rate schedule. The customer will remain on the otherwise applicable rate schedule until such time customer is in compliance with all terms and conditions of said agreements. If service is terminated under this provision, the customer must comply with all terms and conditions of the economic development agreements for an uninterrupted period of 12 months to restart service under this rate schedule.