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RATES

Prepaid Metering

FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION
Residential and Farm Service Prepaid

Availability

Available to any member of the Corporation located on its lines, subject to the established Rules and Regulations of the Corporation. Prepaid service is only available on residential accounts with standard meters up to 200amp service. Prepaid is not available for 400amp, instrument-rated, or meters that cannot be disconnected/connected remotely.

If at any time a Prepaid member wants to convert a Prepaid account back to a regular billed account, a deposit may be required, and any amount in debt recovery would need to be paid in full. 

Type of Service

Single-phase sixty (60) cycles at 120/240 secondary voltage.

Monthly Rate

Fixed Cost:

            Basic Service Charge                                                                                 $30.00

                                                  (billed at the rate of $0.98 per day)

Energy Charge:

             Purchased Power                                                                      $.1088 per KWH

Outdoor light (if applicable)                                                                               $11.75

                                                 (billed at the rate of $0.39 per day)

                                          

Power Cost Adjustment     

The above rates may be subject from time to time to a purchased power cost adjustment tracker.  See Appendix A

 

Minimum Daily Billing

The minimum daily billing under the above rate shall be $0.98

Miscellaneous Charge

You will see a miscellaneous charge on your Prepaid account once a month. This is to balance your Prepaid account with our traditional billing system. This may show as a credit or a charge to your account depending on the balance on your account in our billing system.

Terms of Payment

A member on Prepaid must maintain a credit balance on their account at all times. Electric service will be subject to immediate disconnection if at any time the account does not have a credit balance. If the service is disconnected, any outstanding balance plus the minimum credit balance of $40 must be paid before service will be restored. Service will be restored remotely using the Cooperatives automated meters, normally within one hour after payment has been received. If the service cannot be reconnected remotely, someone will be dispatched to restore the service during normal business hours.

Condition of Service

All wiring, poles, lines, and other electrical equipment beyond the metering point shall be considered the distribution system of the consumer and shall be furnished and maintained by the consumer.

Miscellaneous Nonrecurring Charges

Consumers served under this rate schedule shall be subject to the miscellaneous nonrecurring charges as stated in Appendix B, which may be charged to the consumer as applicable.

Interpretation of Schedule

The interpretation of or the application by the Corporation or by any consumer of all rates, rules, and regulations included in this rate schedule shall be subject to review by the Board of Directors of the Corporation, consistent with its service rules and regulations or policies, except as otherwise provided by law.

Rate Schedule Modifications

All rate schedules and charges, as well as the Corporation’s service rules and regulations or policies, may be amended or modified, in whole or in part, at any time deemed appropriate by the Corporation’s Board of Directors.