CORE’s Board of Directors has approved changes to the cooperative’s rates and regulations that, starting with September 2022 bills, will:
• Increase our base rates (kWh) for electric service by an average of 6%;
• Increase the demand charge portion of our residential rate from $1.50 to $2 per kilowatt (kW) during the “on-peak” period of 4 to 8 p.m.;
• Increase for our non-residential rates the demand (kW) charge portion, which varies by rate class;
• Restructure some non-residential base rates to three-part rates with demand charge, energy charge and fixed monthly charge.