Vol74-3 March 2024
Member newsletter for Southern Maryland Electric Cooperative
Standard Offer Service rate update
Total residential Standard Offer Service (SOS) rate for February: $0.081939 per kilowatt-hour (kWh).
Winter Residential Energy Charge: $0.0854 per kWh
February Residential Power Cost Adjustment (PCA): ($0.003461) per kWh
SMECO’s PCA for February was -4.02 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 February did not meet the 5 percent trigger.