CUSTOMER CHOICE
SMECO’s Standard Offer Service (SOS) rate is the cost of power, just the energy you use. As you may know, SMECO does not generate electricity; the Cooperative purchases power on behalf of its customer-members. As a non-profit cooperative, SMECO is committed to delivering electricity at the lowest possible price. We provide electricity to our customer-members at cost, with no markup. In turn, our customer-members pay only for the power they use. If you look at your monthly SMECO bill, the amount you pay for energy only is in the first part of your bill under the heading Standard Offer Service.
As of October 1, 2007, the residential Base SOS Rate for the winter is 9.66 cents per kWh. The residential Base SOS Rate for the summer is 10.43 cents per kWh. Customers also pay the monthly Power Cost Adjustment, which varies from month to month. Sometimes the Power Cost Adjustment is a charge; sometimes it’s a credit.
For more details, read the Electric Service Tariff.
The table below shows the proposed rates for a sample customer. The examples in the table have a Power Cost Adjustment included.
Remember, your electric bill is based on the amount of energy you use. Some customers use more; some use less.
Season |
Base |
PCA |
Total
Rate |
Summer |
$0.1043 |
$0.0014 |
$0.1057 |
Winter |
$0.0966 |
$0.0005 |
$0.0971 |
Average |
$0.0998 |
$0.0009 |
$0.1007 |
Rates from the chart above are used to generate the sample monthly costs in the chart below.
Monthly |
Summer |
Winter |
Average |
1,000 |
$105.70 |
$97.10 |
$100.68 |
1,200 |
$126.84 |
$116.52 |
$120.82 |
1,500 |
$158.55 |
$145.65 |
$151.03 |
 |
|
Your Price to Compare has two parts: the Standard Offer Service (SOS) energy charge (also referred to as the Base SOS rate) and the typical Power Cost Adjustment. SMECO’s average annual Price to Compare for electricity supply is 10.07 cents per kWh for residential customers. What does "Price to Compare" mean? If you were to shop around for power supply, this is the rate you would use to compare: do not use your total bill. You will continue to be billed by SMECO for distribution service and regulatory, state, and local taxes whether you purchase power from SMECO or another power supplier.
When evaluating suppliers, you will need to know the Price to Compare and the amount of energy you use. The amount of energy used appears on your bill under the Service Information section and the Current Billing Information section. Use the Price to Compare and your monthly usage to see how your current price for electric supply compares with the prices offered by other suppliers.
|
|
Your Price to Compare reflects the average amount a SMECO customer in your rate class (residential or commercial) pays per kilowatt-hour (kWh) on an annual basis. Because the distribution part of your electric service is not open to competition, your Price to Compare does not include charges associated with distribution.
To compare, first look at your past bills to find your typical monthly kWh usage. Then multiply your typical kWh usage by SMECO’s Price to Compare and the price offered by another supplier. Compare the results to determine any savings you would receive per month.
|
|
Class Average Price to Compare -- effective October 1, 2007
• Summer: |
$0.1057 |
||
• Winter: |
$0.0971 |
||
• Annual: |
$0.1007 |
Monthly |
Summer |
Winter |
Average |
1,000 |
$105.70 |
$97.10 |
$100.68 |
1,200 |
$126.84 |
$116.52 |
$120.82 |
1,500 |
$158.55 |
$145.65 |
$151.03 |
Class Average Price to Compare -- effective October 1, 2007
• Summer: |
$0.0982 |
||
• Winter: |
$0.0900 |
||
• Annual: |
$0.0935 |
Monthly |
Monthly |
Summer |
Winter |
Average |
1,500 |
5 |
$150.75 |
$139.35 |
$144.10 |
18,500 |
50 |
$1,817.50 |
$1,665.90 |
$1,729.07 |
385,000 |
750 |
$36,288.05 |
$32,947.90 |
$34,339.63 |
Class Average Price to Compare -- effective October 1, 2007
• Summer: |
$0.1008 |
||
• Winter: |
$0.0926 |
||
• Annual: |
$0.0960 |
|
|
Use our Compare Calculator to estimate your individual Price to Compare based on the rates that go into effect on October 1, 2007.
Note: The amounts shown will not represent your total SMECO bill. These are given only to help you compare our electric supply prices. The calculator is intended to be used for illustration purposes only; SMECO is not responsible for any errors that may result from using this calculator.
|
|
In addition to price, you should consider billing options when shopping for a new supplier. Depending on your supplier, you may also have up to two billing options from which to choose:
|
|