Standard Offer Service rate update

Total residential Standard Offer Service (SOS) rate for January: $0.104250 per kilowatt-hour (kWh).

Winter Residential Energy Charge: $0.1060 per kWh
January Residential PCA: ($0.001750) per kWh

SMECO’s PCA for January was 1.66% less than the current residential base SOS rate.

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 trigger level of 5 percent. SMECO’s base energy rate will remain unchanged at this time.