(A) The electric rates and charges shall consist of a base service charge plus a usage rate which is based on the quantity of electric used on or in the property or premises subject to such rates and charges as the same may be measured by the electric meter there in use, except as otherwise provided in this section. Electric rates, based upon the amount of electric used, shall be as follows:
(1) Residential service*:
Base change, per month | $9.46 |
Usage charge | |
First 200 KWH per month - per KWH | $0.1392 |
Next 1800 KWH per month - per KWH | $0.1001 |
Over 2000 KWH per month - per KWH | $0.1076 |
(2) General power service*:
Single phase | |
Base charge, per month - single phase | $18.93 |
Three phase | |
Base charge, per month - three phase | $37.86 |
Usage charge - single and three phase | |
Plus, minimum usage charge per month (rate per HP) | |
Connected power load under 5 HP | $2.23 |
Connected power load in excess of 5 HP | $1.11 |
First 500 KWH per month - per KWH | $0.1480 |
Next 4,500 KWH per month - per KWH | $0.1266 |
Over 5,000 KWH per month - per KWH | $0.1076 |
(3) Security lighting service (per month):
Wattage rated mercury vapor lamps | |
175 watt maps and over, per lamp | $9.78 |
250 watt lamps and over, per lamp | $9.78 |
LED lamps, per lamp | $9.78 |
(4) Public street lighting service (per month):
Wattage rated incandescent lamps | |
250 watt lamps and over, per lamp | $9.78 |
175 watt lamps and over, per lamp | $9.78 |
LED lamps, per lamp | $9.78 |
* Base rates approved December 7, 2023, subject to the energy cost adjustment tracking factor (ECA); see Appendix A in division (B) below (ECA tracking factor) will be revised every quarter, based upon actual changes in wholesale power costs from IMPA.
(B) Appendix A:
(1) The energy cost adjustment tracking factor (ECA) rider shall be expressed in cents per KWH and is to be occasioned by changes in the city’s cost of purchased power. The current ECA amounts to $0.021271 per KWH sold. Based upon IMPA’s wholesale power rates effective January 1, 2023. The base cost of power shall be used as the basis for determining changes in the ECA tracking factor.
(2) The ECA rate adjustment applicable to the above listed rate schedules shall be $0.000000 per KWH used per month, based upon the base cost of power noted above. The ECA will be amended quarterly to reflect the actual costs of purchasing power from IMPA.
(Ord. 1974-2, passed 8-20-74; Am. Ord. 2012-11, passed 1-3-13; Am. Ord. 2022-13, passed 12-1-22; Am. Ord. 2023-14, passed 12-7-23)
Editor's note:
Rates updated per Public Service Commission of Indiana documents, as provided by the city.