Wholesale Power Cost Adjustment declines

Posted on Jul 25 2017 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 decrease to member bills of $0.000562 per kWh ($0.56 per 1,000 kWh). This change will take effect for bills to be rendered beginning with the August 2017 billing cycles.