2019 Rate Increase

Delaware Electric Cooperative has approved increasing the power cost adjustment (PCA) from 1.6 cents per kWh to 2.4 cents. The cost to purchase and produce power for members is increasing and, as a not-for-profit, these additional costs must be passed on to members. The average residential member using 1,000 kWh per month will see an $8 increase in their monthly electric bill. DEC members will still be paying among the lowest electric rates in the region.  The rate change took effect on May 1st. The Board of Directors of the Cooperative discussed and voted upon the proposed rate change at a member meeting held on: 

Date:   April 17, 2019

Time:   6:30 P.M.

Place:   Delaware Electric Cooperative Headquarters Building at 14198 Sussex Hwy., Greenwood, DE 19950

 

Here’s what you need to know about the rate change:

 

Q: What Rate Classes Are Affected By The Proposed Changes?

 

A: The changes will impact all DEC rate classes.

 

Q: What Does This Mean for My Electric Bill?

 

The average member who uses 1,000 kWh per month will see their bill increase by $8 a month, or about 7%.

 

Q: Who Approves Rate Changes?

 

A: The Cooperative is governed by a Board of Directors, who are elected by Cooperative members. The Board is responsible for considering any rate changes and then voting upon the proposals. The Board voted on these proposed changes at a meeting held on April 17th at 6:30 p.m. at DEC’s headquarters in Greenwood, Delaware.