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Rate
Schedules and Policies
Base
Rates
Base Rates are adjusted as per the Amended Maritime Electric Company
Limited Regulation Act and Base Rate Adjustment Regulations.
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Energy Cost Adjustment Mechanism
Application
The following energy cost adjustment mechanism applies to all scheduled rates applicable to the sale of energy by Maritime Electric Company, Limited.
Energy Cost Adjustment Mechanism
The energy charge applicable under all applicable rates will be subject to a rate adjustment when the cost of purchased and produced electricity increases or decreases from the base cost.The base cost for purchased and produced electricity is $0.0673/kWh net produced and purchased. The rate adjustment per kilowatt hour sold and applied in each month will be calculated as follows:
- Determine the total cost of purchasing and producing electricity in the second month preceding the billing month.
- Determine the net kilowatt hours of purchased and produced energy in the second month preceding the billing month.
- Multiply the quantity of energy determined in (2) above by the base cost of $0.0673/kWh to determine the base cost of energy.
- Subtract the base cost of energy determined in (3) above from the sum of the cost determined in (1) above to calculate the excess or deficiency of the cost of purchased energy.
- Add the excess (or deficiency) of the cost of purchased and produced energy calculated in (4) above to the corresponding excess (deficiency) costs on the Balance Sheet and divide by twelve to determine the average excess (deficiency) cost of purchased and produced energy to be collected in the billing month.
- Divide the amount calculated in (5) above by the total energy sold by the Company in the second month preceding the billing month to determine the rate adjustment required in cents per kilowatt hour sold and which will be applied in the billing month. The rate adjustment will be calculated to the nearest two decimal places (four decimal places on the dollar).
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Rate Schedules and Rate Application Guidelines
Residential Service Rate Schedule
Residential
Urban
That
category of residential customers located in all incorporated
cities, towns and villages with population over 2000 served
by Maritime Electric.
Rate (Code 110)
Service Charge:
$22.67 per Billing Period
Energy Charge:
10.87¢ per kWh for first 1600 kWh per Billing Period
8.43¢ per kWh for balance kWh per Billing Period
Residential Rural
That category of residential customers located in all other
areas not included under Residential Urban category served
by Maritime Electric.
Rate (Code 130)
Service Charge:
$24.83 per Billing Period
Energy Charge:
10.87¢ per kWh for first 1600 kWh per Billing Period
8.43¢ per kWh for balance kWh per Billing Period
Residential Seasonal
That category of Residential Customers who require service
to a dwelling other than a principal residence (e.g., summer
cottages).
Rate (Code 131)
Service Charge:
$24.83 per Billing Period
Energy Charge:
10.87¢ per kWh for first 1600 kWh per Billing Period
8.43¢ per kWh for balance kWh per Billing Period.
Residential Seasonal Option
Residential seasonal customers with fully accessible outside
meters may remain connected year round provided that the energy
used during the period 1 November to 31 May inclusive does
not exceed fifty percent (50%) of the total energy used between
1 June and 31 October of the preceding year. Residential Seasonal
customers whose 1 November to 31 May consumption exceeds this
fifty percent (50%) shall be billed under the applicable residential
service rate for the periods connected. Meters shall be read
or estimated and bills shall be rendered for May, June, July,
August, September and October.
Rate (Code 133)
Service Charge:
$34.59 per Billing Period.
Energy Charge:
10.87¢ per kWh for first 1600 kWh per Billing Period
8.43¢ per kWh for balance kWh per Billing Period
Energy Cost Adjustment Mechanism: This rate is subject to the Energy Cost Adjustment Mechanism
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Rate
Schedules and Rate Application Guidelines
Residential
Service Rate Application Guidelines
Urban and Rural
Customers who use electricity for living purposes in any of
the following:
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-
Dwelling
out buildings; and
-
Individually
metered, self contained dwelling units within an apartment
building.
In addition, the Residential Rate applies to:
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Services
to farms and churches; and
-
Service
for the construction phase of a dwelling.
A
premises providing lodging with nine (9) beds or less, including
boarding and rooming houses, special care establishments, senior
citizen homes, nursing homes, hostels and transition homes.
The combined usage of a dwelling and a business operation measured
by one meter, where the connected load of the business operation,
excluding space heating and air conditioning, is two (2) kilowatts
or less.
Seasonal
Customers
who use electricity for living purposes in a dwelling other
than the customer's principal residence; e.g., summer cottage.
Energy Cost Adjustment Mechanism: This rate is subject to the Energy Cost Adjustment Mechanism
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Rate
Schedules and Rate Application Guidelines
General
Service Rate Schedules
General
Service I
That category of customers in all areas served by Maritime
Electric who use electricity for purposes other than those
specifically covered under Residential, Small and Large Industrial,
Street Lighting or Unmetered Categories.
Billing Demand
The greater of the maximum kW demand or 90% of the maximum
kVA demand in the billing period.
Rate
(Code
232)
Service Charge: $22.67 per Billing Period
Demand Charge:
No charge for first 20 kW or less per Billing Period
$12.39 per kW for balance kW per Billing Period
Energy
Charge:
13.58¢ per kWh for first 5000 kWh per Billing Period
8.55¢ per kWh for balance kWh per Billing Period
General Service - Seasonal Operators Option
General
Service seasonal operators with fully accessible outside meters
may remain connected year round provided that the energy used
during the period 1 November to 31 May inclusive does not
exceed fifty percent (50%) of the total energy used between
1 June and 31 October of the preceding year. General Service
seasonal operators whose 1 November to 31 May consumption
exceeds this fifty percent (50%) shall be billed under the
applicable General Service rate for the periods connected.
Meters shall be read or estimated and bills shall be rendered
for May, June, July, August, September and October.
Rate (Code 233)
Service Charge: $22.67 per Billing Period
Demand
Charge:
No charge for first 20 kW or less per Billing Period
$12.39 per kW for balance kW per Billing Period
Energy
Charge:
13.58¢ per kWh for first 5000 kWh per Billing Period
8.55¢ per kWh for balance kWh per Billing Period
Energy Cost Adjustment Mechanism: This rate is subject to the Energy Cost Adjustment Mechanism
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