Rates

February 1st, 2025

Your base rate is increasing by $3.00 per month. Additionally, our second-tier block rates for kWh usage over 1500 have increased. Please refer to the rate class tabs below for details on these changes.

Our power supplier has cited inflation, growth, and replacement of infrastructure as the main reasons for this rate increase.

Each service will have a $3.00 increase on their base rate per month. Our second-tier block rates (if you are using over 1500 kWh, or over 3000 kWh for commercial) have also increased. Please refer to the rate classes below for the updated rates. Keep in mind that your usage may vary significantly based on your consumption patterns and weather conditions.

• Demand is the highest amount of electricity used during a period of time. Members will have a daily peak, generally in the morning of evening. This is when the majority of members peak during the same period. When all the members are peaking at the same time, this creates a peak for the Park Electric distribution system.
• Since electricity must be generated at the moment it's needed, serving demand peaks can require resources that are more expensive since they are harder to plan for and require larger infrastructure to accommodate them.
• A demand fee has always been embedded in our rate, we have chosen to separate part of its cost out to put the power of saving into the member's hands.

Yes, you can reduce your demand charge by adjusting your usage habits. While some demand-related electricity usage is unavoidable, such as the periodic operation of appliances like refrigerators and freezers, other high-power loads can often be shifted to off-peak times. Here are a few ways to reduce your peak demand: 

• We encourage our members to “level your load” and spread out the use of major appliances rather than running them at the same time.
• Do laundry and other chores that require significant amounts of electricity at different times such as mid-day, later in the evening, or on the weekends. Consider setting a timer to run your dishwasher, washer and dryer, and other appliances so they don’t run all at the same time. 
• Purchase a programmable or smart thermostat to reduce heating and air conditioning to reduce demand.
• Take advantage of our rebate programs when you invest in new Energy Star appliances.

Availability: Available to members of the Cooperative for residential, small commercial, farm, and ranch services subject to its established rules and regulations. Service on this schedule is limited to single-phase consumers requiring not more than 50 KVA of installed transformer capacity.

Minimum: Park Electric will provide as standard service, up to 200 Amp capacity for the base rate. Over 200 Amp service will be $.50 per KVA in excess of 15 KVA plus the base rate.

All meters, regardless of usage, have a monthly base rate based on the size of the service. The new rate is highlighted below.

Net-metered accounts are available to members of the Cooperative for residential, small commercial, farm, and ranch services and are subject to its established rules and regulations. Service in this rate class is limited to single-phase consumers requiring not more than 50 KVA of installed transformer capacity. New demand rate is highlighted below

Each year in April, any excess generation zeroed out at true up.

This rate is available to members for seasonal irrigation, located adjacent to the Cooperative's power lines. It is billed from May 1st through October 31st. A charge of $19.00 per horsepower per season will be billed in April of each year. In no case will the annual minimum be less than $190.00 for a single phase and $380.00 for a three-phase installation.

No Capital Credits will be paid on this category of service unless it provides margin to the whole of the Cooperative.

Availability: Available to three phase commercial, small industrial consumers, residential, and farm and ranch consumers for all uses including lighting, appliances, cooking, heating, and motors, all subject to the established rules and regulations of the association covering this service.

Consumers having their home on the same premises with their business establishment, may include service to both with the same meter.

Single phase consumers requiring more than 50 KVA of transformer capacity will be served under this rate schedule.

MINIMUM:

The standard service minimum on all commercial services shall be the applicable base rate plus $.75 per kVA.