Indiana Utility Regulatory Commission
302 West Washington Street, Room
306
Indianapolis Indiana 46204
317.232.2297 office
317.233.1982 fax
Contact: Mary Beth Fisher
Today
the Indiana Utility Regulatory Commission approved a request by the Harrison
County Rural Electric Membership Corporation to increase its rates and charges
for electric service. The amount
approved was slightly less than the 7.23 % the company originally sought.
In
Cause No. 41894, the Commissioners find that the revenue generated from the
6.86% rate change is needed to cover the increased cost for wholesale
power. That figure is the result of a
settlement between the company and the Indiana Office of the Utility Consumer
Counselor. Because the increase in
Harrison County REMC’s power costs will not take effect until April 1, 2001,
the rates and charges approved by the Commission will take effect on that date.
Residential
customers will not feel the full impact of the increase as you can see from the
table below:
|
Residential (Rate 1)
Comparison at 1000 kWh |
|||
|
|
|
|
|
|
Harrison
REMC |
Proposed |
Previous |
|
|
First
750 kWh |
$
46.50 |
$
47.52 |
|
|
Next
250 kWh |
$
13.78 |
$
13.22 |
|
|
Facilities
Charge |
$
15.00 |
$
10.00 |
|
|
Total
Bill |
$
75.28 |
$
70.74 |
$
4.54 |
|
|
|
|
|
|
Percent
Change |
|
|
6.42% |
|
|
|
|
|
|
|
|
|
|