What is the monthly facility charge?

The facility charge is designed to recover Palmetto’s fixed costs which are costs Palmetto incurs regardless of an individual member’s electric consumption. They are the costs of having a member connected to the system even if the member does not consume any electric power during the month. The fixed costs this charge is designed to recover are costs (i.e. interest, property taxes, depreciation, maintenance, etc.) associated with the substations, distribution lines, transformers, service wires, and meters that physically connects the member to the electric distribution system, along with meter reading, billing, customer service and accounting costs.