RATE SCHEDULE R
RESIDENTIAL ELECTRIC SERVICE RATE SCHEDULE

The Parke County REMC shall charge and collect for general residential electric service based on availability, application, character of service, monthly rate, minimum charge, purchased power cost adjustment clause, and tax adjustment.

AVAILABILITY:

This schedule is available to any residential member of Parke County REMC located within the territory served by Parke County REMC.

APPLICATION:

This schedule is applicable to all electric service used exclusively for domestic purposes to individually metered single-family dwelling units; to individually metered dwelling units in duplexes, apartments, and condominiums.

CHARACTER OF SERVICE:

Service under this schedule shall be alternating current, sixty (60) Hertz, single phase at a voltage of approximately 120/240 volts three wire, or other voltage as might be mutually agreed upon. All residential service required on the premises by the customer will be supplied through one meter. Standby, or resale service, is not permitted hereunder.

MONTHLY RATE:

Facilities Charge:
Single Phase $17.00 per month

Energy Charge
First 500 kWh $0.0930 per kWh
Over 500 kWh $0.0720 per kWh

Purchased Power Cost Adjustment:

The amount computed at the above monthly rate shall be adjusted plus or minus by an amount calculated in accordance with the formula specified in Parke County REMC’s Purchased Power Cost Adjustment Clause (Appendix A), which is a part of the “Monthly Rate” of this rate schedule.

Minimum Charge:

The monthly minimum charge under this rate schedule shall be $17.00.

Tax Adjustment:

The amount computed at the above monthly rate as adjusted by the application of the purchased power cost adjustment clause shall be subject to taxes, assessments, and surcharges imposed by any governmental authority.

TERMS AND CONDITIONS OF SERVICE:

1. Service shall be provided in accordance with the REMC’s Rules & Regulations for Electric Service and Bylaws.

2. All single phase motors or apparatuses with an inrush current in excess of 250 amps at 240 volts shall require REMC approval.

3. Service under this schedule shall be limited to one meter for the same member where service can be adequately supplied from a single service drop.

4. The terms of payment shall be in accordance with the Provisions set forth in the REMC’s Rules & Regulations for Electric Service and Bylaws.

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