HEAT RATE (HR)
Through Powder River Energy (PRECorp), there is an affordable way to heat your home or business! Substantial fluctuations in the prices of natural gas and propane can make opening the heating bill each month a painful experience. As other sources of energy continue to fluctuate and challenge the monthly budget, one source remains stable: electricity.
To help our members reduce their heating costs, PRECorp offers the Heat Rate (HR) for eligible services across rate classes. The Heat Rate Program allows members to receive a credit per kilowatt hour for the electricity they use to heat their homes and businesses each October through April. With our already low rates, that makes electricity an affordable way to heat your home or business.
Can anyone sign up for the electric heat rate?
The heat rate is offered to members who have permanently installed electric resistance heat and/or an electric heat-pump space heating system. Time-of-Day, Net-Metered, and Time-of-Use metered accounts do not qualify for the electric Heat Rate Program.
Is there special equipment that needs to be installed?
Yes, you will be required to install equipment to meter your electric resistance heat load separately from other usage in your home or business.
Can I install the equipment myself?
Yes, installations do not require the use of a licensed electrician.
What will it cost to have the equipment installed?
Cost will vary based on the unique requirements of your installation.
Are there additional costs to participate in the program?
Yes, you will receive a second but modest basic charge on your account for participating. This charge will cover the additional meter maintenance and billing costs.
How am I charged differently for electricity I use for heating?
For the months of October through April, you will receive a heat credit per kWh purchased for electric resistant heat.
How do I get started?
Call our Member Service Department at 800-442-3630 to learn more.