Residential Time Of Use + Electric Vehicle - Three Phase

Wake Electric Membership Corp · Time-of-use · filed 2023

$0.1196per kWh, all in
$1,435a year at 1,000 kWh/mo
$30.00fixed, before any usage
$0.1343utility's actual average

What this tariff charges

Fixed charge$30.00 per month
StructureTime-of-use
Filed2023-07-01

Energy rates

The charged price is the base rate plus its adjustment. Adjustments carry fuel and rider costs and are frequently most of the bill, so a comparison built on the base rate alone is meaningless.

Period 0

TierUp toBase AdjustmentCharged $/kWh
1 no limit 0.24000 0.00000 0.24000

Period 1

TierUp toBase AdjustmentCharged $/kWh
1 no limit 0.08000 0.00000 0.08000

Period 2

TierUp toBase AdjustmentCharged $/kWh
1 no limit 0.05000 0.00000 0.05000

What it costs at different usage levels

kWh per monthAnnual total Effective $/kWh
500 $897.39 $0.1496
1000 $1,434.79 $0.1196
2000 $2,509.57 $0.1046

Effective rate includes the fixed charge, which is why it falls as usage rises. This is a time-of-use tariff, so the result also depends on when power is used; an average residential pattern is assumed. Details →

Wake Electric Membership Corp offers a cheaper tariff at this usage. Residential Time Of Use + Electric Vehicle - Single Phase comes to $1,254.79 a year against this one's $1,434.79 — a difference of $180. Eligibility rules may apply; check with the utility.

The utility's own description

Available on a voluntary basis to all territory served by the Cooperative, subject to the established Service Rules and Regulations of the Cooperative. Rate is available to owners of or to those leasing “plug-in” electric vehicles (conventional gas/electric hybrid vehicles that only use the engine to re-charge the battery are excluded). This schedule is applicable to and available for residential single family dwelling use only, excluding prepaid accounts. The intent of the rate is to provide incentive for using electricity during defined Company documented off peak times as well as charging of a “plug-in” electric vehicle during off peak times for additional discount

URDB rate id 64be98f023f176dcbc000b0e · utility source document · all Wake Electric Membership Corp tariffs