How Rates are Set
New Rate Schedule Overview (PDF) - Effective January 1, 2025
Electric rates for MEC members are adopted and approved by the Board of Directors. The revenue collected from the rates are used to cover the cost of providing service, paying for equipment and maintenance, and for paying off loans – no more, no less.
The cost of electricity for MEC members is still well below the national average. As an electric cooperative, MEC’s primary responsibilities are to provide electricity at the lowest possible rates consistent with the need to remain financially sound and to provide reliable service.
MEC's three-part rate structure includes:
Facilities Charge: A fixed monthly charge that covers the cost of delivering electricity to your home or business.
Energy Charge (kWh): The total amount of energy used during the billing cycle, measured in kilowatt-hours (kWh). Not sure what your monthly usage is? Take a look at our sample bill to see where to find your monthly usage on your statement.
Demand Charge (kW): This charge is based on your highest thirty-minutes of energy use during the monthly billing cycle, measured in kilowatts (kW). Use our demand calculator to explore how to manage energy demand and see the effect of running multiple appliances at once on your demand charge.
Detailed Rate Schedules
Rate Schedules are in effect January 1, 2025 - see below for details.
Applies to all connected residential services supplied at one point of delivery with maximum monthly demand less than 40 kW in the previous calendar year. Residential customers include single-family homes, separately metered single-family apartments, manufactured homes, and general farm use when combined with a residence using the same meter.
If a portion of a residence is used regularly to conduct business, the consumption for that portion may require separate metering and billing under the applicable General Service rate. If separate circuits are not provided by the customer for metering, the entire premises shall be classified as residential and billed accordingly.
The Residential rate shall not apply to institutions such as clubs, fraternities, orphanages, adult foster homes, or churches; recognized rooming or boarding houses.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 01 - RESIDENTIAL RATE (PDF)
Applies to all connected residential services supplied at one point of delivery with maximum monthly demand of 40 kW or more in the previous calendar year. Residential customers include single-family homes, separately metered single-family apartments, manufactured homes, and general farm use when combined with a residence using the same meter.
If a portion of a residence is used regularly to conduct business, the consumption for that portion may require separate metering and billing under the applicable General Service rate. If separate circuits are not provided by the customer for metering, the entire premises shall be classified as residential and billed accordingly.
The Residential rate shall not apply to institutions such as clubs, fraternities, orphanages, adult foster homes, or churches; recognized rooming or boarding houses.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 02 - LARGE RESIDENTIAL RATE (PDF)
Applies to all connected general or non-residential services supplied at one point of delivery. The Single-Phase General Service rates listed below apply to all single-phase non-residential light, heat and power customers.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 04 - GENERAL SERVICE SINGLE-PHASE RATE (PDF)
Applies to all connected non-residential services supplied at one point of delivery. The Three-Phase General Service rates listed below apply to all three-phase non-residential light, heat and power customers.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 05 - GENERAL SERVICE THREE-PHASE RATE (PDF)
Applies to all connected irrigation and drainage pumping loads for agricultural purposes.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 06 - IRRIGATION RATE (PDF)
Applies to all connected non-residential services supplied at one point of delivery with loads over 1000 kVA but less than 2500 Average kW on an annual basis.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 07 - INDUSTRIAL RATE (PDF)
Applies to all connected non-residential services supplied at one point of delivery with average annual consumption of >2500 Average kW but less than 5000 Average kW.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 08 - LARGE INDUSTRIAL RATE (PDF)
Applies to all commercial electric vehicle charging power customers. Commercial electric vehicle charging power customers are those with electric vehicle charging equipment installed and established for providing a retail charging service of electricity as a transportation fuel.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 10 - COMMERCIAL ELECTRIC VEHICLE RATE (PDF)
Applies to all residential customers that wish to purchase renewable power. Cost is in addition to regular electric charges. The quantity may be purchased in 100 kWh blocks with a minimum purchase requirement of two blocks (200 kWh). Customers may choose to purchase Environmentally Preferred Power for their total kWh usage per month.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 11 - GREEN POWER RATE (PDF)
Applies to all customers using dusk-to-dawn lighting where existing secondary voltages are available.
EFFECTIVE JANUARY 1, 2025: SCHEDULE 13 - YARD LIGHTS RATE SCHEDULE (PDF)
