Wholesale Power Cost Adjustment

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Posted on Feb 02 2020 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 $0.000994 per kWh (99 cents per 1,000 kWh). This change will take effect for bills to be rendered beginning with the February 2020 billing cycles.