On June 1st, 2018, TCEC will implement a rate adjustment impacting residential members & members participating in the Pre-Pay program. To maintain the quality, reliability and integrity of the services we provide, it is necessary to adjust our pricing structure. TCEC’s current rate relies heavily on the sale of power to recover fixed costs such as power lines, substations, equipment, right-of-way maintenance, salaries and more. This can be negatively affected by large variations in energy sales. Difficulty covering the day-to-day operating costs or collecting more than what is needed to operate your member-owned cooperative, can be a result. The rate adjustment (below) will level out the annual cash flow for TCEC, an important factor for a not-for-profit provider like us. More Information
Basic Facility Charge or Monthly Minimum Bill
A large portion of the cost of providing electric service to our members is for building and maintaining service. The Basic Facility Charge (BFC) and Monthly Minimum Bill are based on fixed costs such as the cost of materials for the power lines, meter and transformer, taxes on property, interest on borrowed money, maintenance, and billing—those costs associated with keeping power available even if no electricity is ever used.
Wholesale Power Cost Adjustment
The Wholesale Power Cost Adjustment (WPCA) may fluctuate by an increase or decrease in the cost associated with buying power wholesale, operational costs or sales volume. The Board of Trustees may increase or decrease the monthly adjustments as it deems necessary to maintain the financial stability and integrity of the Cooperative.