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POWER COST ADJUSTMENT

Providing Electricity at Cost

As a not-for-profit electric cooperative, Tipmont provides electricity to you at cost — meaning Tipmont does not profit from selling you electricity.

The Power Cost Adjustment (PCA) is an adjustment made to your electric bill each month to reflect fluctuations in the true cost of power purchased from Tipmont’s provider, Wabash Valley Power. The fluctuation is largely caused by changes in the cost of fuel for generation. Tipmont receives no benefit or profit from the PCA.

The PCA appears as a separate line item on each member’s bill each month. This adjustment is applicable to, and becomes a part of, all Tipmont retail rate schedules and is applicable to all sales.

The PCA is calculated each month and allows Tipmont’s monthly rates to stay consistent rather than changing with each fluctuation in the generation cost of energy.

CALCULATED MONTHLY

Power Cost Adjustment History

Date PCA Begins With
2024-03 $0.004673 Bills mailed March 22, 2024
2024-02 $0.003833 Bills mailed February 22, 2024
2024-01 $0.003137 Bills mailed January 22, 2024
2023-12 $0.004274 Bills mailed December 22, 2023
2023-11 $0.003768 Bills mailed November 22, 2023
2023-10 $0.004809 Bills mailed October 22, 2023
2023-09 $0.005502 Bills mailed September 22, 2023
2023-08 $0.005923 Bills mailed August 22, 2023
2023-07 $0.005934 Bills mailed July 22, 2023
2023-06 $0.005802 Bills mailed June 22, 2023
2023-05 $0.005620 Bills mailed May 22, 2023
2023-04 $0.005181 Bills mailed April 22, 2023
2023-03 $0.004928 Bills mailed March 22, 2023
2023-02 $0.004467 Bills mailed February 22, 2023
2023-01 $0.003762 Bills mailed January 22, 2023
2022-12 $0.004303 Bills mailed December 22, 2022
2022-11 $0.004455 Bills mailed November 22, 2022
2022-10 $0.004545 Bills mailed October 22, 2022
2022-09 $0.003383 Bills mailed September 22, 2022
2022-08 $0.002773 Bills mailed August 22, 2022
2022-07 $0.002862 Bills mailed July 22, 2022
2022-06 $0.003377 Bills mailed June 22, 2022
2022-05 $0.003194 Bills mailed May 22, 2022
2022-04 $0.003166 Bills mailed April 22, 2022
2022-03 $0.003490 Bills mailed March 22, 2022
2022-02 $0.002538 Bills mailed February 22, 2022
2022-01 $0.002014 Bills mailed January 22, 2022
2021-12 $0.002517 Bills mailed December 22, 2021
2021-11 $0.001450 Bills mailed November 22, 2021
2021-10 $0.002973 Bills mailed October 22, 2021
2021-09 $0.003163 Bills mailed September 22, 2021
2021-08 $0.003921 Bills mailed August 22, 2021
2021-07 $0.003451 Bills mailed July 22, 2021
2021-06 $0.002044 Bills mailed June 22, 2021
2021-05 $0.001923 Bills mailed May 22, 2021
2021-04 $0.002259 Bills mailed April 22, 2021
2021-03 $0.001858 Bills mailed March 22, 2021
2021-02 $0.001740 Bills mailed February 22, 2021
2021-01 $0.000574 Bills mailed January 22, 2021
2020-12 -$0.001694 Bills mailed December 22, 2020
2020-11 $0.000932 Bills mailed November 22, 2020
2020-10 $0.003296 Bills mailed October 22, 2020
2020-09 $0.002288 Bills mailed September 22, 2020
2020-08 $0.003688 Bills mailed August 22, 2020
2020-07 $0.003111 Bills mailed July 22, 2020
2020-06 $0.001973 Bills mailed June 22, 2020
2020-05 $0.002218 Bills mailed May 22, 2020
2020-04 $0.002820 Bills mailed April 22, 2020
2020-03 $0.002819 Bills mailed March 22, 2020
2020-02 $0.001435 Bills mailed February 22, 2020
2020-01 $0.000835 Bills mailed January 22, 2020
2019-12 $0.001891 Bills mailed December 22, 2019

A note on wholesale power

Some months, the cost of wholesale power is below the base rate. The difference appears on your electric bill as a credit.

A note on wholesale power

Some months, the cost of wholesale power is below the base rate. The difference appears on your electric bill as a credit.

Breaking Down the Power Cost Adjustment (PCA) Formula

F=(A-B)/C+R

The PCA is calculated each month by multiplying the amount charged or credited by the number of kilowatt hours used. For example: If the amount charged is .02420, and 1,000 kWh were used during the billing period, the PCA would be a charge of $2.42.
This is the estimated total purchased power cost billed during the calendar year. Each month’s calculation uses a combination of estimated purchased power costs and actual purchased power costs as they become available.
This is estimated revenue collected from customers for the recovery of purchased power cost for the calendar year. The revenue shall be estimated on the average purchased power costs per kWh included in base rates. Each month’s calculation should be updated with actual purchased power revenue as it becomes available.

This is the estimated kWh sales for remaining billing months in the calendar year, applicable to “F.”

This is the prior period Over / (Under) recovery of purchased power costs.
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