Rate Case filed in 2016

Your Source for 2016 Rate Case information

NEW! PRECorp files Cost of Power Adjustment

 

General Rate Case information

Public Service Commission hearings – Audio archive

NEW: Public Service Commission deliberations

October 14, 2016

August 2016

July 2016

Powder River Energy Corporation filed documents on July 8, 2016, answering inquiries made by intervenors in the 2016 General Rate Case. View rebuttal documents here.

January 2016:

Powder River Energy Corporation filed documents totaling more than 350 pages that outline its case for a general rate increase in 2017.

The rate case is necessary because of three primary reasons:

  1. Electricity sales continue to decline in Coal Bed Methane, Oil, and Coal.
  2. Operating expenses have increased slightly. We perform inspections and preventative maintenance in accordance with our Maintenance Plan to provide high-quality service and to storm harden our infrastructure.
  3. PRECorp needs to return to a positive operating margin and meet certain revenue requirements as determined in our 2015 study of operating costs per customer class.

PRECorp financial staff presented the information that shows an $11.5 million shortfall in revenues. To meet financial requirements, PRECorp is proposing a rate increase that will result in an overall increase of 5.95%.

NEW! The amount of revenue needed from each rate class varies according to the Cost of Service Study, and so the percentage increase for each class will vary. (Updated July 8, 2016.)

NEW! Factoring in the mid-year COPA and the general rate case together, the “average” residential service uses 1,200 kWh, and can expect to see a bill increase $18.80 per month.

How could this affect your bill?
CLICK HERE to estimate your rate.

How does that compare with other utilities? CLICK HERE

The effective date of the increase could occur on or before January 2017, depending upon certain conditions.

The Wyoming Public Service Commission will oversee the rate case, will seek public input, and hold hearings on the application. Filing and paperwork regarding the rate case will progress throughout this year. CLICK HERE for updates.

Detailed presentations regarding the rate case, revenue requirements, and how the proposed rates were presented at special member meetings March 8, 9, and 10.

Questions?
Please send your questions and comments on the rate case to communications@precorp.coop or call PRECorp member service at 1-800-442-3630.

Want to control your power usage?

H.E.L.P.

The Home Efficiency Loan Program (H.E.L.P.) offers zero-interest  loans for members to purchase and install energy-efficient home improvements. If you receive your residential electricity from Powder River Energy Corporation you have the opportunity to apply for a loan up to $2,500. Loan payments are added to the member’s electric bill, making monthly payments easy.

Residential Heat Rate

The heat rate allows residential members to receive a credit of 2.879 cents per kilowatt hour for the electricity they use to heat their home between October and April.

Net Metering

Net Metering is for any Powder River Energy members who wish to have alternative energy sources along with their electric service such as wind, solar or other forms of measurable generated electricity.

Residential Time Of Day (TOD)

Powder River Energy Corporation offers special lower rates on off-peak electricity, from September through May, when you have an approved Electric Thermal Storage (ETS) device installed at your residence. Currently, this rate is approximately one-half the standard rate, so the savings can be significant.

CLICK HERE to learn more about special programs we offer that can help you control your power bill.

Click on “Rate Case” for the legal documents related to the case including testimony from PRECorp CEO Mike Easley and members of the financial team. Additional legal filings and paperwork regarding the rate case will be placed here throughout this year.

Click on “Rate Calculator” to enter your average usage and compare a monthly power bill from 2016 with a potential power bill from 2017, if the increase is approved.