In general, the rate adjustment will result in either a decrease or an increase to a standard monthly residential bill depending on how much energy is used in a given month. The cooperative anticipates that more than 2/3 of the membership should see a decrease in their overall monthly bills as a result of the proposed rate adjustment.
A member services representative can provide a projection of how your bill total could compare once the new rates take effect on January 1, 2024. Submit a “Contact Us” form, use our Webchat feature, or call us at (757) 787-9750.
More information can be found for each rate class affected by the adjustment:
- Schedule A-1 Residential and Church Service
- Schedule A-2 Farm, Civic, and Ancillary Related Residential Service
- Schedule TOU-A-1 Residential Time of Use
- Schedule B Small Commercial and Industrial
- Schedule TOU-B Small Commercial and Industrial Time of Use
- Schedule LP-B Large Power Services