Wholesale Power Cost Adjustment Decrease

Posted on Jul 25 2019 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 $0.000308 per kWh ($0.31 per 1,000 kWh). This change will take effect for bills to be rendered beginning with the August 2019 billing cycles.