Vol73-6 June 2023
Member newsletter for Southern Maryland Electric Cooperative
Standard Offer Service (SOS) rate update
Total residential SOS rate for May: $0.089480 per kilowatt-hour (kWh).
- Summer Residential Energy Charge: $0.0949 per kWh
- May Residential Power Cost Adjustment (PCA): ($0.005420) per kWh
SMECO’s PCA for May is -5.79 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 May was -5.79 percent of the current average annual base energy charge and that is over the trigger level of 5 percent for one month, SMECO’s base energy rate will remain unchanged at this time.