woodruff electric cooperative edition
A message from Michael Swan CEO of Woodruff Electric Cooperative Corporation Woodruff Electric Cooperative Corporation proposes rate changes Woodruff Electric Cooperative Corporation is your local memberowned electric energy provider. The Cooperative’s purpose is not to make profits for shareholders but to provide you, the member-owners, with the most reliable electric service at the lowest cost possible. A rate adjustment is not a decision that your Board of Directors takes lightly. Because sales have been flat and the costs of doing business have risen, a comprehensive cost of service study and rate analysis was recently completed which indicated an average 5.7 percent rate increase is necessary. Woodruff Electric has proposed rate changes to the Arkansas Public Service Commission. If approved, the new rates would become effective with April 2018 billing statements. There are two primary cost components in providing electric service: Wholesale power costs and distribution costs. Wholesale power is the electricity that the Cooperative must purchase from our power generation supplier, which is then transmitted to Woodruff Electric substations. Distribution costs are the expenses incurred in delivering the electricity from the substations to you, the end-user. Distribution costs include such things as the materials to build and replace lines, poles, wire and transformers. These costs also include maintenance items such as right-of-way tree trimming, substation equipment, storm restoration
and operational upgrades associated with providing you dependable power. Distribution costs are somewhat fixed and must be paid whether or not we sell any kilowatt-hours. The proposed rate adjustment is required to compensate for these rising costs. Woodruff Electric has not had a rate increase to offset distribution costs since 2005. Needless to say, most everything is more expensive now than it was over a decade ago. Since 1938, Woodruff Electric has been providing power to members throughout seven counties in Eastern Arkansas. We serve 19,348 accounts with 4,908 miles of line. We strive to provide reliable, affordable and responsible power to our membership. Like most rural electric cooperatives, we have the disadvantage of a low account density contrasted with the many miles of line we serve. Even with this challenge, your cooperative has kept competitive rates at or below the Arkansas cooperative average and about 20 percent lower than the national average for electricity. This will still be the case even with the proposed rate change. The principle on which Woodruff Electric was founded – to serve our local communities with reliable power at the lowest possible costs – is just as strong today as it was when we opened our doors over 80 years ago. The Board of Directors and employees of Woodruff Electric are committed to diligently serving our members. As members, you do more than trust us to provide the energy you need – you count on us. Please give us a call if you have any questions or concerns.
NOTICE OF PROPOSED RATE CHANGE Woodruff Electric Cooperative Corporation has submitted proposed rate changes to the Arkansas Public Service Commission. If approved, the new rates would become effective with April 2018 billing statements. The rate change for residential members is equivalent to a 5.62 percent increase, which is slightly less than the overall average rate
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change of 5.7 percent. For residential members, the Service Availability Charge will change from $14.00 to $20.00, an increase of $6.00. The Service Availability Charge is a fixed charge designed to recover the basic monthly costs of providing poles, wire, transformers, meters, billing, etc. The Minimum Bill will include 57 kilowatt-hours (kWh) per month
for residential members. If you use more than 57 kWh’s per month, this change will not increase your bill. The proposed adjustment will raise the average residential member’s bill by approximately $5.00 per month (based on the average monthly usage of 1,200 kWhs).
WOODRUFF ELECTRIC COOPERATIVE CORPORATION Forrest City, Arkansas CORPORATION WOODRUFF ELECTRIC COOPERATIVE City, Arkansas NOTICE OF Forrest PROPOSED RATE CHANGES
NOTICE OF PROPOSED RATE CHANGES
Notice is hereby given that the board of directors of WOODRUFF ELECTRIC COOPERATIVE CORPORATION has approved changes in the following rate schedules of this Cooperative as set forth below. The proposed rates are Notice is hereby given that the board of directors of WOODRUFF ELECTRIC COOPERATIVE CORPORATION has approved changes in the following rate designed to increase overall system revenue by 5.7%. The effect of the rate change on individual consumers will schedules of this Cooperative as set forth below. The proposed rates are designed to increase overall system revenue by 5.7%. The effect of the rate change on vary depending on the class of service and the amount of electricity used. individual consumers will vary depending on the class of service and the amount of electricity used. Schedule of Rate Adjustments Existing Proposed Rate / Block Rate Rate Rate 1 General Service < 20 kW Service Availability 1 phase $14.00 $20.00 Service Availability 3 phase $25.00 $36.00 All Summer kWh $0.08945 /kWh $0.10510 /kWh 0-500 Winter kWh $0.08945 /kWh $0.10510 /kWh Next 500 Winter kWh $0.05176 /kWh $0.06474 /kWh Excess Winter kWh $0.04806 /kWh $0.06474 /kWh Energy Cost Adjustment Monthly Average $0.01025 /kWh $0.00046 /kWh Cost of Debt Adjustment Monthly Average $0.00484 /kWh -$0.00098 /kWh Minimum Bill $14.00 (1) $26.00 (2) (1) Includes Service Availability Charge & 0 kWhs for Single Phase Service (2) Includes Service Availability Charge & 57 kWhs for Single Phase Service
$6.96 $6.47 $7.02 $8.15 $12.38 $14.41 $7.47 $8.60 $13.24 $15.27 $0.01023 /kWh $0.00044 /kWh $0.00484 /kWh -$0.00098 /kWh
Rate 4 Athletic Field Lighting Availability 1 Phase Availability 3 phase All kW Demand All kWh Energy Cost Adjustment Monthly Average Cost of Debt Adjustment Monthly Average
$14.00 $25.00 $3.13 $0.05083 $0.00998 $0.00484
$20.00 $36.00 /kW $3.13 /kWh $0.05901 /kWh $0.00019 /kWh -$0.00099
/kW /kWh /kWh /kWh
Rate 5 General Service (20 kW - 50 kW) Availability 1 Phase Availability 3 phase All Summer kW Demand All Winter kW Demand All kWh Energy Cost Adjustment Monthly Average Cost of Debt Adjustment Monthly Average
$14.00 $25.00 $9.91 $7.68 $0.03860 $0.01020 $0.00484
$24.00 $40.00 /kW $10.91 /kW $8.68 /kWh $0.05176 /kWh $0.00041 /kWh -$0.00098
/kW /kW /kWh /kWh /kWh
$7.77 $12.90 $7.64 $11.14 $8.20 $13.72 $19.29 $24.23
$8.90 $14.93 $8.37 $10.78 $9.33 $15.75 $20.42 $26.26
$8.02 $30.15
$7.66 $41.72
$13.52 $13.84 $14.48
$15.55 $15.87 $16.51
Existing Rate $60.29 $26.05 $11.50 $0.00 $0.09511 $0.00933 $0.00484
Proposed Rate $80.00 $46.00 /kW $21.86 /kW $0.00 /kWh $0.08069 /kWh -$0.00046 /kWh -$0.00098
$9.05 /kW $0.00944 /kWh $9.05 /kW $60.29 $26.05
/kW /kW /kWh /kWh /kWh
$15.92 /kW $0.00000 /kWh Discontinued $80.00 $80.00
Rate 7 General Farm Service (20 kW and Above) Availability Charge $37.00 All Summer kW Demand $9.90 All Winter kW Demand $3.64 All kWh $0.05675 Energy Cost Adjustment Monthly Average $0.01381 Cost of Debt Adjustment Monthly Average $0.00484
$54.00 /kW $10.90 /kW /kW $4.47 /kW /kWh $0.07200 /kWh /kWh $0.00402 /kWh /kWh -$0.00098 /kWh
Rate 8 Commercial and Industrial (Over 50 kW) Availability Charge $75.00 All Summer kW Demand $9.94 All Winter kW Demand $7.72 All kWh $0.03852 Energy Cost Adjustment Monthly Average $0.01029 Cost of Debt Adjustment Monthly Average $0.00484
$100.00 /kW $12.02 /kW /kW $9.29 /kW /kWh $0.05168 /kWh /kWh $0.00050 /kWh /kWh -$0.00098 /kWh
Rate 9 Cotton Gin Availability Charge Coincident Demand All kW Demand (1) All kWh Energy Cost Adjustment Monthly Average Cost of Debt Adjustment Monthly Average
$125.00 /kW $32.54 /kW /kW $5.85 /kW /kWh $0.07200 /kWh /kWh $0.00424 /kWh /kWh -$0.00098 /kWh
$90.00 $29.70 $4.62 $0.06109 $0.01403 $0.00484
my co-op
Rate 3 Outdoor Lighting Street: 175 W MVL 400 W MVL 150 W HPS 250 W HPS 175 W MH 400 W MH 175 MH, Metal Pole 400 MH, Metal Pole Street (Muni owned) 250 W HPS 1000 W HPS Flood: 400 W MVL 400 W HPS 400 W MH Security: 73 W LED 175 W MVL 400 W MVL 175 W MH 400 W MH Energy Cost Adjustment Monthly Average Cost of Debt Adjustment Monthly Average
Rate / Block Rate 6 Agricultural Water Pumping Summer Availability Winter Availability All Summer kW Demand All Winter kW Demand All kWh Energy Cost Adjustment Monthly Average Cost of Debt Adjustment Monthly Average 5-hour Load Control Credit kW Demand All kWh 3.6-hour Load Control Credit kW Demand Minimum Bill Summer Winter
(1) billed only during 1st 3 months of ginning season
Rate 14 Optional Industrial (Over 1,000 kW) Availability Charge Coincident Demand All Billing Demand All kWh Energy Cost Adjustment Monthly Average Cost of Debt Adjustment Monthly Average
$100.00 $10.07 $2.88 $0.03545 $0.01056 $0.00484
$490.00 /kW $10.85 /kW /kW $3.01 /kW /kWh $0.04861 /kWh /kWh $0.00076 /kWh /kWh -$0.00098 /kWh
The above proposed rates will become effective for bills rendered on or after April 15, 2018, unless, on or before such effective date, petitions from ten percent (10%) of the member-consumers have been received by the Arkansas Public Service Commission, 1000 Center Street, Little Rock, Arkansas, 72201, the mailing address of which is: P.O. Box 400, Little Rock, Arkansas, 72203-0400.
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