How much will green energy cost under Rider G?

As of January 1, 2024, the rate is $0.02101 per kilowatt-hour (kWh). Because SMECO’s rates already cover the cost of providing renewable energy for 32% of the energy members use, the charge for Rider G will cover the cost of RECs for the remaining 68% of the monthly kWh on your bill—so you will receive 100% green coverage.

The Rider G rate will be updated each year on or about January 1 for changes in REC prices and purchase percentages. The rate may also be adjusted whenever significant market pricing changes occur.

Below is a sample calculation for 1,200 kWh.

  • Energy Charge: 1200 kWh × $0.0874 = $104.88
  • Power Cost Adjustment - Energy: 1200 kWh × $0.000408 = $0.49
  • Rider G: 1200 kWh × $0.02101 = $25.21