POWER CIRCUIT
Visit us on the Internet at:
www.vvec.com JUNE 2012
Published for the members of Verdigris Valley Electric Cooperative A Supplement to Oklahoma Living.
If Your Meter is on the Pole, Call VVEC Instead of Okie p. 3
Electric Rates to Increase 1 Percent Beginning with July Bills
Due to an increase in the cost of
doing business, VVEC has increased electric rates by one percent. “All bills mailed after July 1 will
include the increase,” says VVEC Direc- tor of Finance Clyde Willard. “This includes the customer and energy charges, and affects all rate classes.” He goes on to point out that a
residential consumer who uses 2,000 kiloWatt hours (kWh) a month will see an increase of less than $2. Residential consumers using 4,000 kWh a month will see an increase of less than $4. Small commercial accounts who
use 2,000 kWh a month will also see an increase of less than $2; and small commercial accounts using 4,000 will see an increase of less than $4. The accompanying chart details
the increase. Willard goes on to say VVEC
trustees and management team work diligently to keep costs down, but an increase in everything from gasoline to supplies has forced the co-op to require the rate increase. The last increase was in 2008.
Old
Residential Rates (Summer)
Customer Charge
1st 2,000 kWh @ $0.0801 Over 2,000 kWh @ $0.0851 PCA $0.005 (Average) Gross Receipts Tax (2%)
Total Bill Old
Small Commercial Rates (Summer)
Customer Charge All kWh @ $0.08157 PCA $0.005 (Average) Gross Receipts Tax (2%)
Total Bill
Old Rate 2,000 kWh
$25.00 163.14 10.00 3.96
$202.10
Old Rate 2,000 kWh
$20.00 160.20 --
10.00 3.80
$194.00 New
Residential Rates (Summer)
Customer Charge
1st 2,000 kWh @ $0.0809 Over 2,000 kWh @ $0.0860 PCA $0.005 (Average) Gross Receipts Tax (2%)
Total Bill Dollar Increase Percent Increase
New
Small Commercial Rates (Summer)
Customer Charge All kWh @ $0.08239 PCA $0.005 (Average) Gross Receipts Tax (2%)
Total Bill Dollar Increase Percent Increase
Testing Period Successful; TWACS Meter Installation Begins in Three Substations
New Rate 2,000 kWh
$25.25 164.78 10.00 4.00
$204.03 $1.93 0.95%
During the first week of May, VVEC contractors
began installing the Two-Way Automated Communica- tion System (TWACS) meters. This follows a successful installation, testing and training period in April.
(Continued on page 4.)
New Rate 2,000 kWh
$20.20 161.80 --
10.00 3.84
$195.84 $1.84 0.95%
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