§ 51.28 RATES.
   (A)   Rates; residential service.
      (1)   A flat monthly charge of $6 shall be assessed for each residential meter.
      (2)   All residential kWhs shall be charged at a rate of $0.0957; rates are the same for winter and summer months, for residential electric and residential electric heating service.
   (B)   Commercial and industrial.
      (1)   A flat monthly charge of $9 shall be assessed for each commercial or industrial meter.
      (2)   All commercial or industrial kWhs shall be charged at a rate of $0.112; rates are the same for winter and summer months.
   (C)   Demand.
      (1)   A flat monthly charge of $40 shall be assessed for each demand service.
      (2)   All demand service shall be charged at a rate of $0.0735; rates are the same for winter and summer months.
   (D)   Miscellaneous charges for residential, commercial/industrial and demand service.
      (1)   Power cost adjustment. PCA or power cost adjustment is a fluctuating monthly cost per kWh. The base purchase power cost is 6.71 cents per kWh. The PCA may be administratively adjusted upward or downward on a monthly basis due to changes in the actual purchase power cost and shall be calculated monthly using the following formula:
   PCA RATE= D-(AB) +F+H x (1+L)
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      (2)   Energy optimization. A monthly charge of $4.52 shall be assessed to all electric customer for the village’s energy optimization program.
      (3)   Late payment charge. A late payment charge of 10% of the amount owed shall be added to the amount of any bill which is not paid on or before the 15th day of the month in which the bill is mailed.
      (4)   Low income energy assistance program. A monthly charge, typically between $.95 - $.99 as determined by the state and set annually is assessed to all electric accounts. This falls under the Public Act 5 opt-in and monies collected are sent to the Department of Licensing and Regulatory Affairs Public Service Commission and reallocated to low income households as determined by the state.
   (E)   Customer deposits.
 
Residential user electric/water/sewer
$50
Commercial/industrial user electric/water/sewer
$100
Customer who has left unpaid utility bills within last five years
$200
Rental properties where the landowner files documentation stating that they are not responsible for unpaid utility bills left by their tenants will require a deposit equal to an average of three months utility bills in order to obtain service.
 
(2005 Code, § 181.018) (Res. 2012-03, passed 3-12-2012; Res. 2016-05, passed 3-14-2016)