The residential service “RS” electric rate is made up of three main components at this time: the Customer Charge, the Energy Charge and the various Rider Charges.

The Customer Service Charge is a meter usage charge on each metered service. This charge covers the City’s overhead costs associated with meter reading, customer services, billing, service calls and meter maintenance.

The Energy Charge is the amount you pay for each kilowatt hour (kWh) that you use. The rate is broken up into two blocks with the rate per kilowatt hour declining with the higher block of consumption. The rate per kilowatt hour is also different for summer and winter.

The Utility reviews the Power Cost Adjustment calculation and makes projections for the periods beginning August and February. As of March 3, 2008, the Power Cost Adjustment (PCA) applied to all energy usage (kWh) is $0.0163. As of March 3, 2008, Rider D is 1.8% of the monthly electric charges and Rider E is 0.5% of the monthly electric charges.
 

The summer period shall be the period represented by bills for five consecutive monthly billing periods beginning with the first monthly reading after May 14. The winter period shall be the period represented by bills for all other meter readings.

The minimum monthly charge for electric service under this rate schedule shall be not less than $10.00. Such amount shall be adjusted, if any, determined by Rider A, Rider B and Rider C.

Rider A = Power Cost Adjustment (PCA). The PCA as of March 3, 2008 is $0.0163.

Rider B = Electric Rate Stabilization Fund Adjustment. As of May 15, 2002, the Rider B rate is $0.0000.

Rider C = Suburban Surcharge ( Customers Outside The City of Hamilton). 5% of all applicable charges above plus the State of Ohio Excise Tax.

Rider D = Unfunded Environmental Mandates Adjustment (UEMA). As of March 3, 2008, Rider D is 1.8% of the monthly electric charges.

Rider E = Unfunded Governmental and Regulatory Mandates Adjustment (UGRMA). As of March 3, 2008, Rider E is 0.5% of the monthly electric charges.