Residential/ Electric Heat Rates P.O. Box 151000, 1600 Great Basin Blvd. Ely, NV 89315 (775) 289-8981 or 1-800-97-POWER Rev. 12/03 Powering Your Future Residential Rates RATE CODE RESIDENTIAL Rate Code Residential is the standard rate most Mt. Wheeler Power residential consumers are billed under. Here's how it works: Customer Charge First 220 kilowatt-hours Next 580 kilowatt hours Over 800 kilowatt hours $8.00 per meter per month 8.883¢ per KWH 7.139¢ per KWH 5.5¢ per KWH As you can see, your cost per kilowatt-hour will vary from month to month depending on how many kilowatt-hours you use — the more you use, the less your average cost per kilowatt-hour will be. Suppose you used 600 kilowatt-hours during the month. Your bill would be calculated as follows: Customer Charge 220 KWH @ 8.883¢ / KWH Next 380 KWH @ 7.139¢ / KWH Total Bill Average cost per kilowatt-hour = $8.00 = $19.54 = $27.13 = $54.67 = 54.67/600 KWH = 9.1¢ / KWH Now suppose you used 3,500 kilowatt-hours during the mouth. Your bill would be calculated as follows: Customer Charge 220 KWH @ 8.883¢ / KWH Next 580 KWH @ 7.139¢/ KWH Over 800 KWH @ 5.5¢ / KWH Total Bill Average cost per kilowatt-hour = $ 8.00 = $19.54 = $41.41 = $148.50 = $217.45 = $217.4.5 / 3,500 KWH = 6.21¢ / KWH You can see that the average cost per kilowatt-hour is less for 3,500 KWH! Electric Heat / Air Conditioning Rates If you have electric heating or electric air conditioning in your home, you are eligible to go on a special discount rate! This rate is only 4.2¢ per kilowatt-hour for any electric heating or air conditioning you use. There are two different rate options because there are two different ways to determine how much of your total usage is for electric heating or air conditioning. The options are: RATE CODE H–1 METERED HEAT RATE CODE H–2 UNMETERED HEAT With Rate Code H–1 Metered Heat, you have a sub-meter installed on your home that reads your exact heating or air conditioning usage. Any usage recorded through this meter is only 4.2¢ / KWH. There is no additional $8 monthly customer charge for the submeter. With Rate Code H–2 Unmetered Heat, you don't need to have the sub-meter installed. Instead, this rate adds a fourth step to the regular rates as listed above — any usage over 1,500 KWH during the month is only 4.2¢ / KWH. Here are some examples: RATE CODE H-1 METERED HEAT Suppose you used 1,000 KWH for heating and 1,000 KWH for everything else during one month: Main meter bill calculation with 1,000 KWH recorded usage: Customer Charge 220 KWH @ 8.883¢ / KWH Next 580 KWH @ 7.139¢/ KWH Over 800 KWH @ 5.5¢ / KWH = $ 8.00 = $19.54 = $ 41.41 = $11.00 Sub–meter bill calculation with 1,000 KWH recorded usage: 1,000 KWH @ 4.2¢ / KWH Total Bill Average cost per kilowatt-hour = $42.00 = $121.95 = $121.95 / 2,000 KWH = 6.1¢ / KWH RATE CODE H-2 UNMETERED HEAT Here is an example calculation for Rate Code H-2 (the 1,500-average method) supposing you used 3,500 kilowatt-hours during the month: Customer Charge 220 KWH @ 8.883¢ / KWH Next 580 KWH @ 7.139¢ / KWH Next 700 KWH @ 5.5¢ / KWH Over 1,500 KWH @ 4.2¢ / KWH Total Bill Average cost per kilowatt-hour = $ 8.00 = $ 19.54 = $ 41.41 = $ 38.50 = $ 84.00 = $ 121 = $ 121.4 5/ 3,500 KWH = 5.47¢ / KWH Compare this total bill and average cost per kilowatt-hour with the calculation for Rate Code R above and you can see you would have saved. How do I Know What Rate to Sign Up For? NEW MEMBERS If you are a new customer signing up for residential service with Mt. Wheeler Power, you may choose any of the three rates available. As a general rule–of–thumb, homes without electric heat wouldn't benefit from the electric heat rates, so the regular Rate-Code Residential is just fine. If you do have electric heating, check to see if your home may already be on a special electric heating / air conditioning rate. If not, you should definitely sign up for Rate Code H–2 and may want to contact an electrician to find out how much a sub–meter for Rate Code H-1 would be. CURRENT MEMBERS If you already receive service from Mt. Wheeler Power and have electric heating / air conditioning in your home, you can sign up for Rate Code H–2 or you can contact ,an electrician and have a sub-meter installed for Rate Code H-–1. Rate comparisons using your actual usage history are available upon request. More information about these rates is available through Mt. Wheeler Power Member Services Department.