First quarter tracker a credit

Posted on Jan 11 2022 in Bartholomew County REMC

Starting on mid-January bills, Bartholomew County REMC members will once again see a credit in the wholesale tracker adjustment effective January 1. This tracker, passed directly to members from our power supplier, Hoosier Energy, will be ($0.000717) per kwh or approximately a credit of $0.72 per 1,000 kWh used. That makes the total per kWh $0.108703.

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 will vary depending on your electricity use. Please contact our office if you have any questions regarding your electric bill.