Commercial Service
Rates and Service Fees
MVEC is committed to providing the best possible service at the lowest possible cost. We take pride in our cooperative. Keeping the cost of electricity affordable helps keep local businesses competitive, while preserving our rural heritage and standard of living.
Commercial Rates
Effective November 1, 2009
General Service
This service is applicable to all Customers taking the type of service described in this rate schedule whose highest peak demand in the billing period and preceding eleven (11) months is equal to or greater than 0 kW and less than 50 kW for all service supplied at one point of delivery and taken through a single meter.
| Monthly Fee | |
|---|---|
| Customer Charge | $25.00 |
| kWh Charge, Per kWh | $0.092399 |
| Customer Owned Transformer & Facilities Discount | |
| Demand and Energy | 3% |
| + Applicable billing adjustments | |
Large Power
Applicable to all customers whose highest peak demand in the billing period and preceding eleven (11) months is equal to or greater than 50 kW, but not more than 600 kW
| Monthly Fee | |
| Customer Charge | $75.00 |
| Demand Charge, Per kW | $3.80 |
| kWh Charge, per kWh | |
| First 200 kWh per billing kW | $0.088559 |
| Next 200 kWh per billing kW | $0.070634 |
| Over 400 kWh per billing kW | $0.049721 |
| Customer Owned Transformer & Facilities Discount | |
| Demand and Energy | 3% |
| + Applicable billing adjustments | |
Large Power Industrial
Applicable to all customers whose highest peak demand in the billing period and preceding eleven (11) months is equal to or greater than 600 kW.
| Monthly Fee | |
| Customer Charge | $225.00 |
| Demand Charge, Per kW | $3.85 |
| kWh Charge, per kWh | |
| First 200 kWh per billing kW | $0.084638 |
| Next 200 kWh per billing kW | $0.066713 |
| Over 400 kWh per billing kW | $0.0495800 |
| Customer Owned Transformer & Facilities Discount | |
| Demand and Energy | 3% |
| + Applicable billing adjustments | |
- Applicable billing adjustments such as PCRF, Franchise Tax, State and Local Taxes apply to all rates.
For a detailed list of MVEC rates, please visit one of our offices.
Service Fees
Membership fee
Each applicant will be assessed a membership fee of $5.00.
Account Set Up Fee
The Cooperative will charge $25.00 for processing each service connection. A service connection is defined as any connection or reconnection which results in establishing a new account, or the transfer of an existing account on the books of the Cooperative.
Deposit
If a deposit is required, the deposit shall not exceed an amount equivalent to one-sixth 1/6 of the estimated annual billing. A deposit may be required if a member’s account has been disconnected for nonpayment. The deposit may be adjusted if the Cooperative believes that the deposit is insufficient.
Delinquent Fees
The Cooperative may assess a one-time penalty, not to exceed five (5%) on each delinquent bill.
Trip Fee
The Cooperative shall charge $100 for each trip to Customer’s premises, which is requested by the Customer, or is reasonably necessary under standard operating practice (e.g. trip to Customer’s premises for collection of a bill, connection, reconnection, or to make a disconnection). For a trip to Customer’s premises made outside of the Cooperative’s normal working hours, a fee of $150 will be assessed.
Meter Tampering Fee
The Cooperative will charge a meter-tampering fee of $150 if the meter shows any evidence of having been tampered with by any person, firm or corporation other than a Cooperative employee. A $300 charge will be assessed for each addition occurrence. In addition, the Customer will be charged for repair or replacement of damaged equipment and for any electric usage.
Temporary service Connection
A $20 fee is charged for connection of temporary service, which does not require a line extension other than a service drop. Temporary service connections may include connection to a temporary pole for construction power or connection of a temporary building. Additionally, a trip fee will be charged for this service.
Non-Payment Disconnect Fees
If payment is not received in our office before the disconnection date, your service may be disconnected. If disconnected, you will be required to pay all amounts due in order to reconnect service. Reconnect charges include a trip fee of $100 if payment is received in our office before 3:00 pm, or $150 if payment is received in our office after 3:00 pm. You will also be required to pay a deposit equal to 1/6 of the annual billing. These additional charges as specified will be applied to your account and will need to be paid before reconnection.
Billing Adjustments
Power Cost Recovery Factor (PCRF)
PCRF is an adjustment to your bill. It is a monthly adjustment to be applied to the current monthly billing to account for differences in actual purchased electricity cost. This monthly charge shall be increased or decreased on a per-kWh basis.
Click here for a history of monthly PCRF factors.
Sales Tax
All bills shall be adjusted by the amount of all sales tax, attributable to the sale of electric service to the Customer, unless Customer has previously provided to the Cooperative satisfactory proof of exemption.
Franchise Tax Adjustment
For Customers located in areas within the boundaries of a municipal corporation (City), Customer’s total bill (excluding state and city sales tax) will be increased by a percentage, which is the equivalent of the city’s franchise tax imposed on MVEC Customers, by the municipal corporation.
