Electric Rates and Statistics
Residential Service
Applicability: For service to single residences and individual family apartments. Service shall not be resold or shared with others, except that when two or more family dwelling units are served through a single meter, all provisions of the rates shall be applied as though each dwelling unit had been separately metered, and actual metered consumption shall be equally divided between each unit. Multiple service provided through one meter must be approved in advance by the Board.
Character of Service:
Single phase service at approximately 120 or 120/240 volts.
Monthly Rate:
-
Basic Monthly Rate: $ 4.75 per month
-
Energy Rate: $0.0611 per kWh
The above rate per kWh will be adjusted plus or minus in accordance with the Purchased Power Cost Adjustment and the amount computed at the Monthly Rate shall be subject to any taxes, assessments or surcharges imposed by any governmental authority.
Minimum Bill: The monthly minimum charge shall be the Basic Monthly Charge plus all applicable rate adjustments.
Small General Service
This rate schedule is applicable to all electric service required by the Customer, other than Residential Service, where the Customer's maximum metered kW demand is less than 25.0 kW.
Monthly Rate:
-
Basic Monthly Charge: $8.00 per month
-
Energy Rate: $0.0747 per kWh
The above rate per kWh will be adjusted plus or minus in accordance with the Purchased Power Cost Adjustment and the amount computed at the Monthly Rate shall be subject to any taxes, assessments or surcharges imposed by any governmental authority.
Minimum Bill: The monthly minimum charge shall be the Basic Monthly Charge plus all applicable rate adjustments.
Medium General Service
This rate schedule is applicable to all electric service where the Customer's maximum metered kW demand is greater than 25.0 kW but less than 200.0 kW.
Monthly Rate:
-
Basic Monthly Charge: $25.00 per month
-
Energy Rate: $0.0330 per kWh
-
Demand Rate: $9.00 per Billing kW
The above rate per kWh will be adjusted plus or minus in accordance with the Purchased Power Cost Adjustment and the amount computed at the Monthly Rate shall be subject to any taxes, assessments or surcharges imposed by any governmental authority.
Minimum Bill: The monthly minimum charge shall be the Basic Monthly Charge plus all applicable rate adjustments.
Billing kW:
The monthly Billing kW shall be the greater of:
-
The highest metered kW demand established during any 15 minute interval during the billing month;
-
80.0% of the maximum metered kW demand during the previous eleven months;
-
25 kW.
Power Factor Adjustment:
The monthly metered kW demand may be adjusted to an equivalent 90.0% lagging power factor for the purpose of establishing the monthly Billing kW when the power factor measured at the point of delivery to the Customer is determined to be less than 90% lagging. Such adjustment will be deferred for six (6) months at a new point of delivery to allow for corrective action by the Customer.
Large General Service
Monthly Rate:
-
Basic Monthly Charge: $100.00 per month
-
Energy Rate: $0.0310 per kWh
-
Demand Rate: $9.00 per Billing kW
The above rate per kWh will be adjusted plus or minus in accordance with the Purchased Power Cost Adjustment and the amount computed at the Monthly Rate shall be subject to any taxes, assessments or surcharges imposed by any governmental authority.
Minimum Bill: The monthly minimum charge shall be the Basic Monthly Charge plus all applicable rate adjustments
Billing kW:
The monthly Billing kW shall be the greater of:
-
The highest metered kW demand established during any 15 minute interval during the billing month;
-
80.0% of the maximum metered kW demand during the previous eleven months;
-
200.0 kW.
Power Factor Adjustment:
The monthly metered kW demand may be adjusted to an equivalent 90.0% lagging power factor for the purpose of establishing the monthly On-Peak and Off-Peak Billing kW when the power factor measured at the point of delivery to the Customer is determined to be less than 90% lagging. Such adjustment will be deferred for six (6) months at a new point of delivery to allow for corrective action by the Customer.
Primary Service Credit:
Whenever the Customer furnishes, installs, owns and maintains at the Customer's expense all protective devices, transformers, and other equipment required for primary voltage service, as specified by the Board, the Demand rate set forth in the Monthly Rate will be reduced by $0.25 per Billing kW.
Large Power Service
This rate schedule is applicable to all electric service required by the Customer whose maximum metered or calculated kVA demand is greater than 1,000.00 kVA for any two consecutive months, when the Customer enters into a long-term Electric Service Agreement with the Board.
Monthly Rate:
-
Basic Monthly Charge: $250.00 per month
-
Energy Rate: $0.0227 per kWh
-
Demand Rate: $8.00 per Billing kVA
The above rate per kWh will be adjusted plus or minus in accordance with the Purchased Power Cost Adjustment and the amount computed at the Monthly Rate shall be subject to any taxes, assessments or surcharges imposed by any governmental authority.
Minimum Bill: The monthly minimum charge shall be the Basic Monthly Charge plus all applicable rate adjustments
Billing kVA:
The monthly Billing kVA shall be the greater of:
-
The highest metered kVA demand established during any 15 minute interval during the billing month;
-
80.0% of the maximum metered kVA demand during the previous eleven months;
-
The Contract Demand set forth in the Commercial Electric Service Agreement.
Primary Service Credit:
Whenever the Customer furnishes, installs, owns and maintains at the Customer's expense all protective devices, transformers, and other equipment required for primary voltage service, as specified by the Board, the Demand rate set forth in the Monthly Rate will be reduced by $0.25 per Billing kW.
Purchased Power Adjustment
The Purchased Power Cost Adjustment is applicable to all kWh delivered by the Sylacauga Utilities Board. The Board will calculate Purchased Power Cost Adjustment factor (the PPCA) on a monthly basis, based on actual cost and sales, and apply the PPCA to the next full series of billing cycles. The calculated PPCA will be rounded to the nearest $0.0001 per kWh.
The PPCA formula is:
PPCA = [(A + T) / B] - $0.0349
Where:
"A" is the Board's total costs associated with its' bulk power supply;
"B" is the Board's total kWh sales; and
“T” is the Board’s monthly adjustment to true-up projected costs and sales to actual costs and sales; and
"$0.0349" is the Board's cost per kWh of purchased power recoverable from the base rates and charges for electric service.
The True-Up formula is:
T = R – (E x PPCA)
Where:
R is the actual revenue requirement; and
E is the actual kWh sales.
| Electric Rate Schedule Summary | |
| Rate Schedule | Monthly Charges |
| Residential Service | |
| Basic Monthly Charge | $4.75 |
| Energy Rate | $0.0611 per kWh |
| Small General Service | |
| Basic Monthly Charge | $8.00 |
| Energy Rate | $0.0747 per kWh |
| Medium General Service | |
| Basic Monthly Charge | $25.00 |
| Demand Charge | $9.00 per Billing kW |
| Energy Charge | $0.0330 per kWh |
| Large General Service | |
| Basic Monthly Charge | $100.00 |
| Demand Charge | $9.00 per Billing kW |
| Energy Charge | $0.0310 per kW |
| Primary Service | The above Demand charge shall be reduced by $0.25 per Billing kVA. |
| Large Power Service | |
| Basic Monthly Charge | $250.00 |
| Demand Charge | $8.00 per Billing kVA |
| Energy Charge | $0.0227 per kWh |
| Primary Service | The above Demand charge shall be reduced by $0.25 per Billing kVA. |
Standby Generator Capacity
Applicability: Any consumer with engine powered generators having a rated capacity of 100 KW or more that can be operated in parallel with or isolated from the Utilities Board distribution system.
Operating Period: The operating period will be for the months of June, July, August, and September. It will extend up to six (6) hours per day, five (5) days per week, one hundred-eighty (180) hours. The Utilities Board will contact the consumers thirty (30) minutes prior to the operating period.
Monthly rate:
Credit - $3.50 per KW for the four (4) above mentioned months.
The consumer will receive a credit to its monthly bill, for the above mentioned months, that is based upon the metered load reduction for the operating period. If consumer is notified according to parameters established above and fails to operate generator(s) at time of Alabama Territorial Coincident peak all credit for that month will be forfeited. If Utilities Board fails to notify consumer to operate generator(s) at time of coincident peak consumer will receive credit for average KW load reduction for that month.
Parallel Operation: If the consumer elects to operate generator(s) in parallel with Utilities Board system, necessary protective devices (relays, circuit breakers, disconnect switches, etc.) specified and/or approved by the Utilities Board must be installed at these locations. The consumer shall be the owner of the additional equipment and will be responsible for installation and maintenance.
Metering Equipment: The metering equipment will be furnished, owned, and installed by the Utilities Board.
Term of Contract: Service under this rate shall be for a minimum period of one (1) year. Either party may terminate this contract by providing six (6) months written notice to the other party.
| Electric System Statistics | ||||
| Year | Customers | Electricity Sold |
Peak Annual Demand |
Annual Revenue |
| 2007 | 6110 | 217,849,260 KWH | 50,249 KW | $ 18,301,772 |
| 2006 | 6058 | 208,917,779 KWH | 46,807 KW | $ 16,553,781 |
| 2005 | 6088 | 205,322,459 KWH | 45,976 KW | $ 14,580,450 |
| 2004 | 6041 | 199,558,171 KWH | 44,523 KW | $ 13,943,402 |
| 2003 | 6146 | 196,995,956 KWH | 42,077 KW | $ 13,509,528 |
| Year | Electricity Purchased |
Annual Cost |
Ave. Cost Per KWH |
Annual Load Factor |
| 2007 | 231,393,942 KWH | $12,656,780 | 5.469 ¢ | 52.7 % |
| 2006 | 214,180,324 KWH | $10,595,299 | 4.947 ¢ | 65.8 % |
| 2005 | 208,825,200 KWH | $ 9,115,182 | 4.365 ¢ | 52.3 % |
| 2004 | 205,988,400 KWH | $ 8,205,433 | 3.983 ¢ | 53.8 % |
| 2003 | 209,063,792 KWH | $ 7,726,124 | 3.696 ¢ | 56.5 % |
| FIVE-YEAR HISTORY BY CUSTOMER CLASS | |||||
| Number of Customers at End of Fiscal Year | |||||
| 2007 | 2006 | 2005 | 2004 | 2003 | |
| Residential | 5218 | 5176 | 5216 | 5179 | 5272 |
| Commercial | 861 | 851 | 841 | 837 | 851 |
| Industrial | 31 | 31 | 31 | 25 | 23 |
| TOTAL | 6110 | 6058 | 6088 | 6041 | 6146 |