RCEC

Rates


ALL ELECTRIC 

MONTHLY RATE:     Customer charge for all customers: $15.00 per month

To qualify for the all electric rate, the consumer must use an electric water heater as primary water heating source and electric space heating.  The following rates will then apply:

Electric Water Heating Rate

For customers qualifying for electric water heater rate:

1st 800 KWH per month $.071192 per KWH*
Next 400 KWH per month $.066192 per KWH*
Additional KWH per month $.071192 per KWH*

Electric Heating Rate

For customers qualifying for electric space heating rate:
November - April:
1st 800 KWH per month $.071192 per KWH*
Additional KWH per month $.066192 per KWH*

*Fuel & Purchased Power Cost Adjustment:
Billings under this schedule shall be increased or decreased by any amount that the purchased power cost for the previous month differs from $.057816/KWH sold, in accordance with NMPRC Rule No. 550.

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MINIMUM CHARGES:
For consumers requiring more than ten (10) KVA of transformer capacity $15.00/month, plus $2.00 KVA/month for each KVA, or fraction of a KVA above ten (10) KVA/month, plus adjustments contained herein and taxes.

 

SURCHARGE:
Billing under this schedule shall have a surcharge of 1% in order to procure renewable energy, invest in renewable energy projects or promote energy conservation and load management.