(a) The monthly rate for electrical service furnished by the city to all Residential customers, within or outside the corporate limits of the city, and Commercial customers outside the corporate limits of the city shall be as follows:
ZERO TO 50 KILOWATTS - $14.00 (minimum monthly charge)
EACH KILOWATT IN EXCESS OF 50 KILOWATTS--$0.10
(b) The monthly rate for electrical service furnished by the city to all Commercial customers, within the corporate limits of the city shall be as follows:
ZERO TO 50 KILOWATTS--$30 (MINIMUM MONTHLY CHARGE)
EACH KILOWATT IN EXCESS OF 50 KILOWATTS--$0.085
(c) Industrial electrical service customers shall be charged an additional monthly rate equal to $3.00 per kilowatt-hour of electricity demand. This demand charge shall be in addition to the rates established in sections (a) and (b).
(d) In addition to the base rates specified, the charges for energy too all customers shall be increased as a Power Cost Adjustment by $0.001 per kilowatt hour (kWh) for each $0.001, or major fraction thereof, increase in the aggregate power costs per kWh as computed by the following formula:
Power Cost Adjustment (PCA) = (A – B) x (1.1)
A = Total power costs in cents / kWh for the preceding 12 months.
B = Actual cost of power in cents / kWh purchased and generated as established in a test period. This value is determined to be $0.036.
1.1 = the value applied to compensate for line losses.
(e) Any increase in the costs of fuel used by the City to generate and produce electricity may be passed on the customer.
(Code 1991; Ord. G-1112-04-02; Ord. G-1201-14-01; Code 2015)