Vol74-2 February 2024
Member newsletter for Southern Maryland Electric Cooperative
Standard Offer Service rate update
Total residential Standard Offer Service (SOS) rate for January: $0.085808 per kilowatt-hour (kWh).
Winter Residential Energy Charge: $0.0854 per kWh
January Residential Power Cost Adjustment (PCA): $0.000408) per kWh
SMECO’s PCA for January was 0.47 percent of the current average annual base energy.
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 January did not meet the 5 percent trigger.