BCREMC announces second quarter tracker

Posted on Mar 25 2019 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 -$0.001179 per kWh or approximately a credit of $1.18 cents per 1,000 kWh used. That makes the total per kWh $.108241.

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.