PCA to Increase Members’ Bills
Choptank Electric has proposed to the Maryland Public Service Commission an increase in the Power Cost Adjustment (PCA). Upon approval from the Commission, the increase would go into effect July 1, 2019.
A residential member using 1,000 kilowatt hours (kWh) per month will see an increase of $7.11 per month. The PCA is currently a credit of $0.00308/kWh. The proposed PCA, effective with the July 1st billing, will be a charge of $0.00403.
The PCA is a separate line item on each Choptank Electric bill which reflects the increases or decreases in the Co-op's cost of wholesale power purchased from Old Dominion Electric Cooperative (ODEC). Any fluctuation in the PCA is mainly caused by changes in the cost of purchased power driven by the fuel used to generate electricity.
ODEC continues to work diligently to produce and procure the power required by its members with affordability and reliability as their primary concerns. Without Power Cost Adjustments, utility base rates would be constantly changing to reflect increases and decreases in the cost of power.