In our ongoing effort to provide reliable and affordable electric service, Midstate Electric Cooperative is introducing a new demand charge of $1.25 per kW to our billing structure, which will take effect on your January 2025 billing statement. This adjustment better reflects the cost of providing power based on the peak demand placed on our system, similar to how our power supplier, Bonneville Power Administration, bills Midstate.
All accounts will be charged for demand. On accounts already charged for demand, an additional $1.25 per kW will be added to your existing demand charge. Accounts that previously received the first 25 kW or 50 kW at no charge will now be billed $1.25 per kW for these amounts. Yard and Street Light rates will also increase.
The demand charge is a fee based on the highest level of electricity demand recorded during your billing cycle. After carefully reviewing all options, Midstate’s Board of Directors made the difficult decision to implement this change. By introducing a demand charge instead of an increase to the kWh rate, the cost burden is shifted to high-demand users, rather than the entire membership. This new structure is more equitable and gives members the opportunity to manage their energy costs.
Effective January 2025, our Prompt Pay Discount will change from 1.5% to 1%. Members who pay their electric bill in full within 10 days of the billing date will receive a 1% credit applied to the following month’s electric bill.
Click here to learn more: Midstate Rate Structure | Midstate Electric Cooperative, Inc
