Electric Rates





Legal Notice - Current Rate Changes

Notice is hereby given that the municipal electric utility of the City
of Peru, Indiana, known as Peru Electric Light and Power, under and pursuant
to the Public Service Commission Act, as amended, and Commission Order in
Cause No. 36835-S3, has filed with the Public Service Commission of Indiana
for its approval the incremental increases and/or decreases in the Rate
Adjustment Factors by Rate Schedules:

 

Residential decrease

   0.001662 per kWh

Power decrease

   0.000370 per kWh

Demand increase

   0.003163 per kWh

Municipal Street Lighting decrease

   0.001973 per kWh

Metered Traffic Lighting increase

   0.012748 per kWh

   

Rate Adjustments applicable to the Rate Schedules are as follows:

 
   

Rate Schedule RS

   0.020968 per kWh

Rate Schedule GSA-1

   0.022262 per kWh

Rate Schedule PS

   0.022697 per kWh

Rate Schedule MSL-1

   0.017935 per kWh

Rate Schedule TL

   0.044240 per kWh



The accompanying changes in schedules of rate are based solely upon the
changes in the cost of purchased power and energy, purchased by this utility and
computed in accordance with the Public Service Commission of Indiana order in
Cause No. 36835-S3, Dated December 13, 1989.

Rates effective for consumption from January 1, 2012 to March 31, 2012

Click a link to jump to that schedule.

Rate Schedule RS-1 {Residential Service} 

Rate Schedule GSA-1 {General Service} 

Rate Schedule PS {Power Service} 

Rate Schedule SL-1 {Security Lighting Service} 

Rate Schedule TL {Traffic Signal Services} 

Rate Schedule MSL-1{Municipal Street Lighting Service}

Appendix B {Non-Recurring Charges} 

Appendix A {Rate Adjustments} 

 

Peak Management Credits



Rate Schedule RS-1 (Residential Service) 

Availability 

Available for single phase residential services, including lighting, space heating, refrigeration and cooking appliances, and water heating, in an individual residence or apartment and for single phase farm service when supplied through the farm residence meter. 

Character of Service 

Alternating current, sixty Hertz, single phase at a voltage of approximately 120/140 volts three-wire. 

Rate

 

Service Charge:

 

For Service Within the City Corporate Limits

$4.09 per meter/per month 

For Service Outside the City Corporate Limits

$6.21 per meter/per month

Energy Charge: 

For the first 300 KWH

$0.07621 per KWH

For the next 700 KWH

$0.06794 per KWH 

For all KWH above 1000 KWH 

$0.06472 per KWH

Minimum Charge 

The minimum monthly charge shall be the applicable service charge. 

Multiple Service 

Where two or more separate single-family dwelling units are served through a single meter, the applicable service charge and each KWH block in the Rate shall be multiplied by the number of such multiple dwelling units for billing purposes. 

*Subject to the provision of Appendices A and B. 

Non-Residential Usage 

When the principal use of service supplied under this rate schedule is for residential purposes, but a small amount of energy will be used for non-residential purposes, such non-residential use will be permitted only when the equipment for such use is within the capacity of a 120 volt, 30 ampere branch circuit (or is less than 3,000 watts capacity) and the non-residential use is less than the residential use. When the non-residential equipment and/or use exceeds the above stated limits, the Customer will be required to separate his wiring so that the non-residential use will be billed under the appropriate non-residential rate schedule or the entire service will be billed under the appropriate non-residential rate schedule. 



Rate Schedule GSA-1 (General Service)         

Availability 

Available through one meter to any customer for light and/or power purposes whose maximum load requirements do not exceed 50 kilowatts and where the customer is located on the Utility’s distribution lines suitable for supplying the service required. 

Character of Service 

Alternating current, sixty Hertz, at a standard single phase and/or polyphase voltage supplied by Utility in the locality for which the service is requested. 

Rate

 

Service Charge:

For Service Within the City Corporate Limits:

Single Phase

$4.91 per meter per month 

Three Phase

$6.11 per meter per month 

For Service Outside the City Corporate Limits:

Single Phase 

$6.98 per meter per month

Three Phase

$8.72 per meter per month

Energy Charge: 

For the first 500 KWH

$0.08443 per KWH

For the next 2000 KWH

$0.07239 per KWH 

For the next 2500 KWH

$0.06675 per KWH

For all KWH above 5000 KWH

$0.06433 per KWH 

Minimum Charge 

The minimum monthly charge shall be the application service charge. 

*Subject to the provisions of Appendices A and B. 



Rate Schedule PS (Power Service)          

Availability 

Available through one meter to any customers having a maximum load requirement of 50 kilowatts or more. Applicant must be located adjacent to the Utility’s distribution line that is adequate for supplying the service requested. 

Character of Service 

Alternating current having a frequency of sixty Hertz, three phase and furnished at a voltage which is standard with the Utility in the area served. 

Rate*                                                                                                
Demand Charge (Monthly)  
 
Each kilowatt of Billing Demand $6.00 per kilowatt
 
Energy Charge (In addition to the Demand Charge)  
 
For all energy used per month $0.047839 per KWH


Minimum Charge 

The minimum monthly charge shall be the demand charge. 

Measurement of Billing Demand and Energy 

Billing demand shall be measured by suitable instruments, and, in any month, the billing demand shall be the average number of kilowatts in the 15-minute interval during which the energy metered is greater than an any other 15-minute interval in such month, but, in no event, shall such billing demand be less than 50 kilowatts. 

Energy shall be measured by suitable integrating instruments. 

Metering Adjustment 

If service is metered at a voltage greater than 480 volts, the billing demand and energy measurements shall be decreased by two (2%) to correct such measurement to the equivalent of metering at the Utility’s secondary voltage. 

*Subject to the provisions of Appendices A and B. 

Equipment Adjustment 

When customer furnishes and maintains the complete substation equipment, including any and all transformers, and/or switches and/or the equipment necessary to take his entire service at the primary voltage of the transmission or distribution line from which service is to be received, a credit of $0.25 per kilowatt of billing demand will be applied to each month’s bill. 

Rate Schedule Selection 

Customer may change from this rate schedule to another applicable rate schedule at the end of any consecutive twelve-month period during which Customer’s metered demand was never great than 50 kilowatts. In no case will the Utility refund any monetary difference between this rate schedule under which service was billed in such prior period and the other applicable rate schedule. 

Off-Peak Usage 

When customer elects to take electric service during the following designated Off-Peak periods, the following provisions will apply: 

Measurement of Kilowatt Demands 

Kilowatt demands shall be measured by suitable recording instruments and in any month the kilowatt demand for the on-peak periods shall be the highest fifteen-minute kilowatt load measured during such on-peak hours and the kilowatt demand for the off- peak hours shall be the highest fifteen-minute kilowatt load measured during such off-peak hours. Such measured kilowatt demands shall be adjusted in accordance with the Metering Adjustment provision of Rate PS. 

Determination of Billing Demand 

The Billing Demand for any month shall be the greater of (1) the highest kilowatt load established during on-peak hours for the month, or (2) fifty percent (50%) of the highest kilowatt load established during off-peak hours for the month, but in no month shall the Billing Demand be less than 500 kilowatts. 

Off-Peak Periods 

Off-Peak Periods shall be all hours between 9:00 p.m. and 7:00 a.m. local time, Monday through Friday, and all hours of the day on Saturdays, Sundays and legal holidays. Legal holiday shall include New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. 

Special Terms and Conditions 

The availability of off-peak service shall be limited to an aggregate load of not more than 6,000 kilowatts on a first-come, first-serve basis. 


Rider ED for Rate Schedule PS (Power Service)          


Availability


This rider is available as an economic development incentive to any existing or new customer of the Peru Municipal Electric Utility that:

1. Meets the criteria for, and receives services under, Rate Schedule PS, unless superseded by a requirement of this Rider.

2. Has a new or additional load of at least 300 kW and not more than 1,500 kW above the initial base load each month the Rider is applied. For any existing customer, the 300 kW would be in addition to the customer’s current load.

3. Enters into an agreement for economic development satisfactory to the City of Peru Utilities or Peru Utilities. Unless otherwise specified in the economic development agreement, this Rider shall apply for a term of no more than (3) years.

Rider ED is not applicable if Peru Municipal Electric Utility must expend its own funds for capital improvements or additional expenses that would be necessary to provide service for the new load. If the customer provides its own funding for capital improvements or additional expenses such that Peru Municipal Electric Utility is not required to do so then Rider ED may be applicable if all other conditions of Rider ED are met.

Rate

Under Rider ED, the determination of the monthly charge for purposes of Rate Schedule PS is as follows:

1. Customers qualifying for Rider ED will be billed monthly for their actual kilowatt hours used at the following rate (subject to the tracking factor described below);

a. $0.056945 per kWh

b. This amount represents the average rate per kilowatt hour incurred by Peru Municipal Electric Utility for its power purchased from IMPA from April 1, 2007 through March 31, 2008 plus generation expenses incurred at the Peru Plant.

c. An additional 5% has been added for the partial recovery of Peru’s fixed costs.

2. The applicable rate billed to customers will increase or decrease as appropriate on a quarterly basis to reflect the actual costs of purchased power from the Indiana Municipal Power Agency (“IMPA”) as well as the actual cost incurred or generation as incurred by Peru Municipal Electric Utility. Changes in the rate will be made using the existing wholesale power cost tracking factor mechanism currently employed by Peru Municipal Electric Utility.

Terms and Conditions

The customer must contact Peru Municipal Electric Utility to initiate the application of the Rider for the three (3) year term of the Rider. The customer may request an effective date of the Rider which is no later than twelve (12) months after the date of acceptance to the Rider.

Rate Schedule SL-1 (Security Lighting Service)          


Availability 

Available only for continuous year-round service for security lighting to any customer located adjacent to an electric distribution line of the Utility that is adequate and suitable for supplying the service requested. 

Character of Service 

Security Lighting Service using lamps available under this rate schedule. 

Rate                                                                      
Type of Lamp Rate per Lamp per Month

 

175 watt mercury vapor

$5.42

400 watt mercury vapor

$8.14

100 watt sodium vapor

$3.81

150 watt sodium vapor

$7.31

Hours of Lighting 

All lamps shall burn approximately one-half hour after sunset until approximately one-half hour before sunrise each day in the year, approximately 4,000 hour per annum. 

Ownership of System 

All facilities installed by Utility for service hereunder including fixtures, controls, poles, transformers, secondary lines, lamps and other equipment shall be owned and maintained by the Utility. All service and necessary maintenance will be performed only during regularly scheduled working hours of the Utility. Non-operative lamps will normally be restored to service within two working days after notification by customer. 

When customer requests that a lamp be mounted on customer’s building or pole, customer shall waive any claim for damages caused by such installation and/or removal of secondary and lamp support. 

*Subject to the provisions of Appendix B. 

Additional Facilities 

This rate schedule is based on lighting fixtures which can be installed on an existing distribution type wood pole or other supporting device and served from existing secondary facilities, with not more than one span of secondary. If additional facilities are required to furnish service, the Utility will install, operate and maintain such facilities. The labor, materials and overhead cost of installation of such additional facilities and maintenance expense thereof shall be at the customer’s expense. 



Rate Schedule TL (Traffic Signal Service)          



Availability 

For metered service to the traffic signal system belonging to the City of Peru, the State of Indiana, or any other agency legally authorized to own, operate and maintain a traffic signal system in conjunction with the regulation of traffic at “controlled intersections” of public streets or highways. 

Character of Service 

Alternating current, sixty Hertz, single phase, at approximately 120 volts two-wire or 120/240 volts three wire. 

Rate

Energy Charge:    
For all energy used per month per meter  

$0.06209 per KWH


Special Terms and Conditions 

This Rate Schedule is available to the State of Indiana for metered highway lighting at intersections where the Indiana State Highway Department owns all of the facilities. 

*Subject to the provisions of Appendices A and B. 

Rate Schedule MSL-1                               Back to Top

(Municipal Street Lighting Service)

Availability

Available for street lighting service within the Corporate Limits of the City of Peru, Indiana.

Character of Service

Alternating current, sixty Hertz, single phase, at approximately 120 volts two-wire or 120/240 volts three wire.

Rate                                                                                        
Energy Charge:    
For all energy used per month  

$0.06904 per KWH

Determination of Energy Used per month

Utility will estimate the energy used per month for municipal street lighting on the basis of the number of lamp sizes and the estimated monthly consumption by lamp sizes filed by the Indiana Municipal Power Agency in Cause No. 36835-S2.

Subject of provisions of Appendices A and B



Appendix A (Rate Adjustments)          


The Rate Adjustments shall be on the basis of a Purchase Power Cost Adjustment Tracking factor occasioned solely by changes in the cost of purchased power and energy, in accordance with the Order of the Indiana Utility Regulatory Commission, approved on December 13, 1989 in Cause No. 36835-S3 as follows: 

CURRENT RATE ADJUSTMENTS 

For the months of:

January, February and March - 2012

Residential Service (RS)

0.020968 per kilowatt hour

General Service (GSA-1)  

0.022262 per kilowatt hour

Power Service (PS)  

0.0022697per kilowatt hour

Municipal Street Lighting Serv (MSL-1) 0.017935 per kilowatt hour

Traffic Signal Service (TL) 

0.044240 per kilowatt hour

The rate adjustment is applied to all kilowatt hours consumed during each billing period in the effective months. 
 



Appendix B (Non-Recurring Charges)           

Description of Charges

Charge

Bad Check Charge

$20.00

Meter Test

$15.00

Reconnect/Disconnect-Regular Hours

$25.00

Reconnect/Disconnect-Overtime Hours

$50.00

Reconnect/Disconnect Pole Cut-Regular Hours

$50.00

Reconnect/Disconnect Pole Cut-Overtime Hours

$100.00

Meter Tampering-1st & 2nd Offense

Actual cost of parts, labor equip. & overhead plus estimated service used.

Meter Tampering-3rd Offense

Same as above plus discontinuance of service.

Meter Reading Charge

$3.75 City, $5.70 Outside

Peak Management Credits 

Availability: 

Peak Management credits are available to any residential customer of the municipally owned electric utility of the City of Peru, with an Indiana Municipal Power Agency-owned Peak Management switch installed on a central air conditioner and/or electric water heater. Rules and provisions for participation in the Peak Management program are available at the utility office. 

Credits: 

The credits for participation in the Peak Management program will be as follows: Electric Water Heaters: $1 per switch per month January thru December 
General Air Conditioner: $2 per switch per month June thru September 


These credits will be included on participating customer’s monthly bills. A customer participating in the program may withdraw at any time upon notifying the utility. Credits will stop with the first bill following customer withdrawal from the Peak Management program, the termination of the utility’s participation in the program or the program’s termination by IMPA. 

All other terms and conditions of the Utility’s applicable residential service rate schedule apply to this.