The Board of Directors of Mohave Electric Cooperative recently approved an additional credit to the Purchase Power Adjustor (PPA) on member bills, increasing the credit amount from one cent per kWh to 1.35 cents. This additional credit lowers your cost of energy by about 14% compared to the cost two years ago for the same amount of energy used.
“Mohave’s Board and Management are working hard to manage our wholesale power resources,” said Lyn Opalka, Board President. “We are experiencing favorable conditions right now, allowing us to pass on the savings to members.”
Using energy wisely can also help you save energy dollars. For “low cost/no cost” energy savings ideas click on TogetherWeSave.
Renewable Energy Surcharge Reduced
A new lower renewable energy surcharge went into effect on January bills. Residential members will see a reduction in the REST surcharge from a maximum of $3.10 per month to $1.05. Commercial members will see savings with the monthly charge going from a maximum of $49 to $16.50.
The surcharge is mandated by the Arizona Corporation Commission (ACC) and was approved by Commissioners in December along with Mohave’s renewable energy plan for 2015.
Mohave’s renewable energy plan is submitted to the ACC each year. The plan outlines MEC’s program to meet renewable energy goals. Programs include incentives for residential and small commercial solar, wind, and solar water heating installations, as well as Mohave’s solar initiative for schools, fire stations, government buildings and non-profit facilities. Also included in the plan is a voluntary renewable energy program where members can purchase “green energy.” Development of a 5 Megawatt utility-scale solar farm is underway and is expected to be completed in 2015.
Incentives for residential and small commercial photovoltaic and wind systems are 20 cents per watt, up to a maximum system size of 50 kW. The incentive cap is $3,000 for residential and $5,000 for small commercial.
More information click on Energy Solutions, then SunWatts, or call our Energy Management Specialist at 928.763.1100.
The REST surcharge on member bills funds the approved renewable energy programs which are intended to stimulate the renewable energy industry so that is may be cost effective to the point of standing on its own without subsidies.
Mohave Electric Cooperative is an equal opportunity provider and employer.