Vol73-7 July 2023

Standard Offer Service rate update

Total residential Standard Offer Service (SOS) rate for June: $0.088444 per
kilowatt-hour (kWh).

• Summer Residential Energy Charge: $0.0949 per kWh
• June Residential Power Cost Adjustment (PCA): ($0.006546) per kWh

SMECO’s PCA for June is -6.89 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. Since SMECO’s PCA for June was -6.89 percent of the current average annual base energy charge and that is over the trigger level of 5 percent for two months, SMECO’s base energy rate will remain unchanged at this time.