Wholesale Power Cost Adjustment

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Posted on Jan 25 2018 in Harrison REMC

Harrison REMC will make a Wholesale Power Cost Adjustment to its retail rates as a result of changes in Hoosier Energy Inc.’s wholesale power costs to its member Rural Electric Membership Corporations (REMCs). This action will result in an expected increase to member bills of $0.001156 per kWh ($1.16 per 1,000 kWh). This change will take effect for bills to be rendered beginning with the February 2018 billing cycles.