2019 Rate Increase

Delaware Electric Cooperative has proposed 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.  If approved, the rate change would take effect on May 1st. The Board of Directors of the Cooperative will discuss and vote upon the proposed rate change at a member meeting to be held: 

Date:   April 17, 2019

Time:   6:30 P.M.

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

 

Members are encouraged to attend the meeting to hear a detailed explanation about why the change has been proposed. Members will also have the opportunity to address the Board. Here’s what you need to know about the proposed rate change:

 

Q: What Rate Classes Will Be Affected By The Proposed Changes?

 

A: The proposed 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 will vote on these proposed changes at a meeting held on April 17th at 6:30 p.m. at DEC’s headquarters in Greenwood, Delaware. If approved by the Board of Directors, the rate changes will take effect on May 1st, 2019. 

 

Q: What If I Can’t Attend the Meeting?

 

A: You can still submit comments for the Board to consider and have them entered into the record. Please email comments to [email protected].