Rate Schedule

The rate schedule or tariff, as it is sometimes referred to, lists the various types and amounts of charges that can be made to customers in a particular rate category. These various types of charges include the customer charge, the rate for energy and how it is structured, the demand charge and how it is determined, any charges or penalties for low power factor, and other charges as approved by the governing regulatory agencies.

Rates within some schedules change for certain periods of the day, or season of the year. Some rate schedules charge a high cost for the first several hundred kilowatt hours of use each month, and lower costs for each subsequent block of kilowatt hours. Some rate schedules have separate fuel cost adjustments to reflect the actual cost of fuels used to make the power or the costs incurred to purchase power from another company when needed. Others have special demand charges and some include special economic incentives.