Rate Schedules

Rate Schedule 11F

Other Rate Schedules
Residential Residential Time of Use Small Commercial Small Commercial Time of Use Commercial Commercial Time of Use Churches Churches Time of Use Outdoor Lighting Light Service Industrial Service Time of Use Industrial Service Power Cost Adjustment Rider Tax Expense Adjustment Rider Large Power Service Katrina Cost Recovery Rider

Industrial Service Time of Use
Effective June 1, 2009

Rate Schedule 11F - Industrial Service Time of Use

Applicability

This rate applies to electric service used by one customer who requires not less than 1,000 KW.  This rate schedule contemplates execution of a contract between the Cooperative and the customer.

Availability

Available to customers located on or near the Cooperative's lines for all types of usage, subject to the established rules and regulations of the Cooperative.

Type of Service

Three phase, 60 cycle, at the Cooperatives available voltages.

Rates

Monthly Facilities Charge

$1,085.00; plus

Monthly KW Demand Charge

$18.02 per KW of billing demand; plus

Monthly KWH Charge

5.218 cents per KWH for all KWH’s

Monthly Power Factor Correction Charge

The power factor shall be maintained at or as near 100% as is reasonably possible.  However, should the ratio of KVAR to KW at the time of the highest average 15-minute demand be greater than 48%, the bill will be adjusted as follows:

$.25 per KVAR for all KVAR in excess of 48% of billing demand.

Determination of Billing Demand

The Billing Demand (KW) shall be the higher of the maximum kilowatt demand established by the customer, coincident with the 60-minute peak kilowatt demand of the cooperative's power supplier or the Contract Demand.  The Contract Demand shall be the greater of the following:

• 1,000 KW
• the initial Contract Demand
• 50% of the highest 60-minute coincident peak demand established by the customer during the current or preceding 12 billing months

An Initial Contract Demand of at least 1,000KW and sufficient to recover fixed costs plus a reasonable return on investment will be determined jointly by the Cooperative and the Cooperative’s power supplier.  The Cooperative may, at its option, install a KVA meter and base the KW demand on 90% of the KVA demand so metered.

Conditions of Service

• Both power and lighting shall be billed at the foregoing rate.

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

Minimum Monthly Charge

The minimum monthly charge shall be the greater of the following:

50% of the maximum KW demand for the previous 12 months times a demand charge of $15.00 per KW.

               

                2.             The minimum monthly charge as specified in the contract for service.

Discount for Service Delivery at Primary  Voltage

When the Cooperative delivers service under this rate schedule at primary voltage and the customer furnishes, operates, and maintains the complete step-down transformer substation necessary for it to receive such service, the above charges will be subject to a discount of $.35 per KW as determined above.  In the event the cooperative elects to install low side metering with such equipment necessary to compensate for transformer and customer-owned line losses, such discount shall be conditioned upon the customer supplying to the Cooperative the characteristics of its transformers  and lines for use in determining such losses.

Average Delivered Power Cost

To the total of the above charges for electric service under this rate schedule, there shall be added or subtracted an amount determined in accordance with the Association's Power Cost Adjustment Rider.  A copy of the Power Cost Adjustment Rider is available at any office of the Association.

Tax Expense Adjustment

To the total of the above charges for electric service under this rate schedule, there shall be added or subtracted an amount determined in accordance with the Association's Tax Expense Adjustment Rider.  A copy of the Tax Expense Adjustment Rider is available at any office of the Association.

Tax Clause

To the total of all charges for electric service under this rate schedule shall be added the applicable existing Mississippi State and municipal sales taxes.

Hurricane Katrina Cost Recovery

To the total of the above charges for electric service under this rate schedule, there shall be added an amount as determined in accordance with the Association’s Hurricane Katrina Cost Recovery Rider. This monthly charge is for the collection of the net expenses incurred due to Hurricane Katrina, along with the associated interest cost.  This charge will continue to be collected until all related expenses have been collected.

Terms of Payment

The above rates are net and payable within twenty-one (210 days from the date of the bill.

Deposit

A cash deposit or bond equal to twice the estimated monthly bill may be required of the customer before service is connected to guarantee payment of all bills.

Effective:  June 1, 2009