Rate Information

Enhanced Growth Credit

Small Manufacturer Credit

Enhanced Security Deposit

 


Rate Information

*Tri-County Electric's rates include a fuel cost adjustment set quarterly by the Tennessee valley authority (TVA)

Residential Rate Schedule – Schedule RS

Customer Charge: (*) $13.27
Energy Charge: (Cents per kWh)

First 300 kWh .07782
301-1000 kWh .07482
Over 1000 kWh .07182

 

General Power Rate – Schedule GSA

1. Demand from 0 to 50 kW and kWh less than 15,000

Customer Charge: (*) $17.50
Energy Charge: (Cents per kWh)

First 300 kWh .08931
301-900 kWh .08431
Over 900 kWh .08181

 

2. Demand from 51 kW to 1,000 kW or kWh greater than 15,000

Customer Charge: (*) $50.00
Demand Charge:

First 50 kW No Charge
Additional kW (per kW) $12.04

Energy Charge:             (Cents per kWh)

First 15,000 kWh .08381
Additional kWh .04432

(*) Minimum Bill (No kWh)

 

3. Demand of 1000 kW or greater

Customer Charge: $100.00

First 1,000  $12.03
1,001-2,500  $13.41
Over 2,500 $13.91

Energy Charge:             (kWh    .04532)

 

 

Enhanced Growth Credit 

2 ways to qualify: 

  • “SIC” Customer:  new or expanding demand requirements of 100 kW or more.  Eligible businesses are classified with one of the following 2-digit Standard Industrial Classification (SIC) codes:

Division B:     Mining 10 through 14, inclusive

Division D:     Manufacturing 20 through 39, inclusive

Division E:     40 – Railroad Transportation

                        42 – Motor Freight Transportation and Warehousing

                        44 – Water Transportation

                        45 – Transportation by Air 

  • “All-Electric” Customer:  new or expanding demand requirements of 250 kW or more.  Governments, including school systems, are eligible along with other businesses that do not qualify as a “SIC” Customer.  The following conditions must be met:

a)     the Customer’s space conditioning is accomplished solely by an all-electric heating, ventilating, and air conditioning system (HVAC system),

b)     at least fifty percent (50%) of the Customer’s interior floor space at that location is heated and cooled by the all-electric HVAC system, and

c)      at least fifty percent (50%) of the rated electric load served under the Power Supply Contract is for interior lighting, cooking, and the HVAC system 

2 Options: 

The 8-year option pays $6 per kW each month the first year, reduced by $.75 per year for seven years and then ending. 

The 4-year option pays $6 per kW each month for four years and then ends.

 

Small Manufacturer Credit

 

Applies to businesses classified with a 2 digit Standard Industrial Classification (SIC) code between 20 and 39, inclusive. 

*Demand must be greater than 1,000 kW and less than 5,000 kW  

$1.38 credit per kW for first 1000 kW 

$1.63 credit per kW for 1001+ kW 

In addition, $.00540 credit for all kWh 

Example:        Industry “A” used 2462.40 kW and 1,321,200 kWh this month 

1000 kW x $1.38 =                           $1,380.00                                                         1462.4 kW x $1.63 =                        $2,383.71 

1,321,200 kWh x $.00540 =            $7,134.48 

            TOTAL CREDIT                   $10,898.19

 

Enhanced Security Deposit 

 

As a way of assisting commercial and industrial businesses locating in our service area, Tri-County Electric offers the Enhanced Security Deposit Program.  Tri-County Electric will waive the required deposit for any business approved in the program (which can save the business several hundred dollars). 

In order to be submitted for approval, the business owner (or designee) will need to fill out the ESD application form and provide one banking and one trade reference.  Once submitted, the approval process is generally completed in less than two weeks.  The business will be required to pay the deposit if the meter needs to be set prior to receiving approval.  This deposit will be refunded when the application has been approved.