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Electric Power Rates - Residential
Our residential power rate has two parts:
- A minimum monthly fee; and
- An energy usage, charge, per kilowatt hour.
The minimum monthly fee is $15.57. It will apply to every bill. This
fee allows us to properly maintain and service the 500-plus miles of power
distribution lines, thousands of home service lines, and all of the associated
equipment in the AUB power system. The fee directly contributes to helping
us keep our energy usage charge as low as we can in the market.
The current energy usage charge is 7.076 cents for each kilowatt hour
(kWh) that you use. It applies to the electric power you use to run all
of your appliances, lights, heating and cooling units, and so forth. (What
is a kWh? Click here.)
An average AUB residential customer uses about 1,260 kWhrs of electricity
per month. Under our present rates, a customer's monthly bill for 1,260
kwhrs would be $104.73 = (.07076 X 1,260) + $15.57. NOTE: Each quarter, TVA
announces a quarterly Fuel Cost Adjustment factor that is added to AUB's base
kWhr rate. For instance, if the FCA is $0.0008, then the kWhr amount used in
the calculation would be .07156 (.07076 + .0008).
Also, you may notice a class code on your utility bill. Residential
Customers are classified as either a Code 1, 22, or 23. Class code 1 is
for non-urban residential service, Class 22 is for urban residential
service, and Class 23 is for other types of residential service. The
class code is for record-keeping purposes only; it does not reflect a
different rate.
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