Wholesale power cost adjustment decrease

Posted on Jul 24 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 decrease to member bills of $0.00106 per kWh ($1.06 per 1,000 kWh). This change will take effect for bills to be rendered beginning with the August 2020 billing cycles.