Rate Schedules
RATE SCHEDULE 1H
RESIDENTIAL AND FARM
Effective December 1, 2007
Rate Schedule 1H - Residential & Farm
Availability
Available to customers of the Cooperative for all farm and home uses, subject to its established rules and regulations. The rated capacity of individual motors served under this schedule shall not exceed 10 horsepower.
Applicability
All service under this rate schedule shall be received at one voltage from a single delivery point, shall be measured by one meter, is for the exclusive use of the customer for non-commercial purposes, and shall not be resold or shared with others.
Type of Service
Single-phase, 60 cycles, at available secondary voltage.
Rate
Monthly Service Charge $21.75
Plus 4.440 cents per KWH for all KWH’s
Minimum Charges
The minimum monthly charge under the above rate shall be the monthly service charge of $21.75.
Average Delivered Power Cost
To the total of the above charges for electric service under this rate schedule, there shall be added or subtracted an amount determined in accordance with the Association's Power Cost Adjustment Rider. A copy of the Power Cost Adjustment Rider is available at any office of the Association or on the Association's website at www.coastepa.com/rates.aspx.
Tax Expense Adjustment
To the total of the above charges for electric service under this rate schedule, there shall be added or subtracted an amount determined in accordance with the Association's Tax Expense Adjustment Rider. A copy of the Tax Expense Adjustment Rider is available at any office of the Association or on the Association's website at www.coastepa.com/rates.aspx.
Tax Clause
To the total of all charges for electric service under this rate schedule shall be added the applicable existing Mississippi State and municipal sales taxes.
Hurricane Katrina Cost Recovery
To the total of the above charges for electric service under this rate schedule, there shall be added an amount as determined in accordance with the Association's Hurricane Katrina Cost Recovery Rider. This monthly charge is for the collection of net expenses incurred due to Hurricane Katrina, along with the associated interest cost. This charge will continue to be collected until all related expenses have been collected.
Terms of Payment
The above rates are net and payable within twenty-one (21) days from date of the bill.
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