BCREMC announces 2nd Quarter Tracker

Posted on Apr 06 2020 in Bartholomew County REMC

Reflected on mid-April bills, Bartholomew County REMC members will see a decrease in the wholesale tracker adjustment effective April 1. This tracker, passed directly to members from our power supplier, Hoosier Energy, will be a credit of -$0.000253 per kWh or approximately a credit of 25 cents per 1,000 kWh used. That makes the total per kWh $.109167.

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 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 varies, depending on your electricity use.