4th quarter tracker set

Posted on Oct 06 2020 in Bartholomew County REMC

Reflected on mid-October bills, Bartholomew County REMC members will see a decrease in the wholesale tracker adjustment effective Oct. 1. This tracker, passed directly to members from our power supplier, Hoosier Energy, will be a credit of $0.001801 per kwh.  That makes the total price per kwh $.107619.

The easiest explanation of a tracker is that it is a billing adjustment to cover the fluctuating cost of power we purchase and distribute from our power supplier, Hoosier Energy. The tracking mechanism recovers variable production costs (fuel — including coal and natural gas, wholesale power market purchases, operations and maintenance, and emissions regulations) incurred by Hoosier Energy. The tracker is adjusted quarterly and the amount you pay varies depending on your electricity use.