202404articlefourjump

Vol74-4 April 2024

Member newsletter for Southern Maryland Electric Cooperative

Standard Offer Service rate update

Total residential Standard Offer Service (SOS) rate for March: $0.085351 per kilowatt-hour (kWh).

Winter Residential Energy Charge: $0.0854 per kWh

March Residential Power Cost Adjustment (PCA): ($0.000049) per kWh

SMECO’s PCA for March was -0.06 percent of the current average annual base energy.

Chart showing Power Cost Adjustment difference from energy rate: January 0.47 percent, February -4.02 percent, March -0.06 percent

SMECO must revise its base energy rate if the PCA for three consecutive months is 5 percent more or less than the base energy rate. The PCA for March did not meet the 5 percent trigger.