June 19, 2013
2013 Rates and Coop Connections Program
Following our Rate Consultant's and staff's recommendation, the Board of Directors approved the new rates for 2013. The new rates reflect our increase from our power supplier Tri-State only. High Plains Power is not requiring any additional revenue requirement increase. The overall increase is 10.98%, and can be broken down into two categories. The first is the new rate structure that Tri-State is implementing. This new "all energy rate" accounts for 6% of the increase. The other 4.98% is for their additional revenue needed to operate the company. High Plains and other Cooperatives fought this new structure for almost two years before it finally passed the end of last year by a vote of 29 for, 10 against, and 5 non-voting, with the High Plains Power Board Representative voting against it. The five (5) non-voters were unable to attend because of a winter storm at the time. Not every rate class will a 10.98% increase. Our rate consultant, C.H. Guernsey did a Cost of Service Study to see how the increase needed to be distributed. Unfortunately the Time of Use, or the member/owners that use the ETS units to heat their homes, are the ones seeing the largest increase. If you are on the ETS Rate, you should have already received a letter from us explaining the new rate. If you haven't, please let me know so that we can get a copy to you. Following are the new rates for our Residential and ETS member/owners:
The On-Peak/Off-Peak months and times will stay the same.
Since we are a month behind in our billing, these new rates will be reflected in your February billing.
Co-op Connection Cards
By now, you should have received your Co-op Connections Card in the mail. This card-based member/owner benefit program is designed to deliver added value to our members by offering valuable discounts at participating local and national businesses. Remember, this is not a credit card….it is a discount card. Below are the local businesses that have agreed to participate by offering a discount to those who present your Co-op Connection Cards. If you need more cards, please give us a call and we can send you another one. To find out more log on to www.connections.coop.