Residential Rates
Our residential electric rate is $0.0828 per kilowatt hour (kWh) plus the monthly power cost adjustment . Included in your rate is a $35 per month Service Charge to help pay for fixed costs such as the poles, wires, meter, transformer, generating capacity and other items needed to ensure that electric service is available when you need it. The Power Cost Adjustment fluctuates monthly based on our generating fuel cost and our power supply demand cost. The total average is typically around $0.10 per kWh plus the $35 service charge .
Remember, the $35 is charged regardless of how much electricity is used - even if no electricity is used. So for each additional kilowatt hour, or each incremental kilowatt hour, you are paying about 10 cents per kWh. So if you're averaging out your bill to determine your "per kWh" cost, be sure to NOT include the $35 service charge. Look at it this way: If you have a propane water heater, you're already paying the $35 service charge. So if you switch to an electric water heater, you're only paying 10 cents for those additional kilowatt hours...so the cost to run that water heater is only 10 cents per kWh.
We also offer an off-peak rate for customers who use electricity as the primary energy source for their home heating needs. This rate is a 1 cent per kWh discount off our regular rate! Customers on this rate pay 10 cents per kWh for the first 750 kWh each month, 9 cents per kWh for the next 2,000 kWh, and 10 cents per kWh for all additional kWh.
Retail Choice and Electric Cooperatives
What is "retail choice" and what about electric cooperatives? Read here.
August 2010 Rate increase
Here is an extensive Q & A on our August 2010 rate increase, ~/Questions and Answers.pdf
Billing Legal Notices
Click here for legal notices regarding your electric bill, including Electronic Check Conversion, Due Dates, Late Fees, Delinquent Notice and Disconnect Warning, and more.
Seasonal Rates
Our seasonal rate is the same as the residential rate, with billing every month.
Commercial & Industrial
Our commercial and industrial rates are very competitive and vary depending on customer load profile and other factors. Please contact us for a quote.
Security Lights
Our standard residential security light (100 watt sodium) costs $9.50 per month if it is not metered, plus an additional $2.50 per month if we add a pole and an additional $2.50 per month if a separate transformer is needed. We will provide servicing of the equipment at no cost. The security light cost will be $10.50 beginning August 2013.
Deposits
We will run a credit check on all new customers, and some customers may have to pay a deposit. The deposit amount is either one month's average electric bill, or $150, whichever is greater. This is considered a "soft" credit check that does not affect your credit score. Your deposit with Midwest Electric is refunded to you following 24 consecutive months of no late payments, or it is applied to your final bill.
Meter Test Fee
$100 Meter Test Fee: This fee is charged to a customer who requests a meter test. Upon testing the meter, the cooperative retains the fee if the test results show meter accuracy to be within plus or minus two percent of accuracy range. Should test results reveal meter registration of more than 102 percent of test equipment, the fee will be refunded and a billing adjustment made to customer's account.
Collection Fees & Charges
There are certain fees and charges that apply to all Midwest Electric, Inc. customers:
$30 Collection Service Charge: This fee is charged when Midwest Electric personnel must visit a customer's residence to collect on a delinquent account.
$30 Non-Pay Reconnect Fee: A reconnect fee is required when a customer's service is disconnected for nonpayment, and reconnection is made during regular working hours.
$150 After-Hours Reconnect Fee: This fee is charged for reconnection done after regular working hours.
$25 Bad Check Fee (NSF): This fee is required for any check returned by the bank on which it is drawn for non-sufficient funds.