Vol74-11 November 2024

Member newsletter for Southern Maryland Electric Cooperative

Standard Offer Service rate tracker

Total residential Standard Offer Service (SOS) rate for October: $0.090061 per kilowatt-hour (kWh).

• Winter Residential Energy Charge: $0.0854 per kWh
• October Residential Power Cost Adjustment (PCA): $0.004661 per kWh

SMECO’s PCA for October was 5.41 percent of the current average annual base energy.

SMECO must revise its base energy rate if the residential PCA for three consecutive months is 5 percent more or less than the base energy rate. Since SMECO’s PCA for October was over the trigger level of 5 percent for one month, SMECO’s base energy rate will remain unchanged at this time.