In the fall of 2019 after a complaint by a group of REC members and the Town of Crestone, a mediated settlement of the complaint established a time of day rate with much lower demand charges and higher energy charges. Specifically, the single phase time of day rate changed as follows:
April 1, 2019 Nov. 1, 2019
Customer Charge $39.40 $39.40
Distribution Demand Charge (per kw) $2.85 $0.50
Purchased Power Demand Charge (per kw) $5.45 $0.80
Energy Charge (per kwh) $0.046 $0.090
While this mediated interim rate helped some members manage the impact to their monthly bill, this rate also negatively impacted some members who had developed a usage pattern that took full advantage of the time of day rate. In order to correct this unintended consequence, an alternate time of day rate has been created to provide some relief to those members impacted.
The existing interim residential time of day rate (A-TOD) established in the rate complaint settlement agreement remains exactly as agreed between REC and the complainants. This alternate time of day rate (A2-TOD) is an optional rate, members can select if it is a better fit for their energy usage pattern. This new alternate rate mirrors the existing interim time of day rate but splits the energy charge into an on-peak and off-peak rate. This new alternate rate is as follows and will be available for members to select effective Oct. 1, 2020. On-peak hours remain at 12 noon to 10 p.m., Monday through Saturday. Off-peak hours are from 10 p.m. to 12 noon, Monday through Saturday and all day Sunday.
Oct. 1, 2020
Customer Charge $39.40
Distribution Demand Charge (per kw) $0.50
Purchased Power Demand Charge (per kw) $0.80
Energy Charge (per kwh on-peak) $0.156
Energy Charge (per kwh off-peak) $0.068
Please contact REC Customer Service at 719-852-3538 if you have questions about this alternate, optional time of day rate.
Download tariff here