Power Cost Adjustment

A power cost adjustment factor appears on the bills and will allow Palmetto Electric to track fluctuating wholesale power costs. The power cost adjustment is calculated by multiplying the total kWh usage by the corresponding month’s power cost factor.

The current power cost factor is $ (-0.000868).

Palmetto Electric is a non-profit member-owned distribution electric cooperative. The power we purchase is generated by Santee Cooper, a state-owned utility. Palmetto Electric’s wholesale power costs represent about two-thirds of our total charges.

Power Cost Factors

Date
Power Cost Factor
February 2017
-0.000868
January 2017
-0.008078
December 2016
-0.015890
November 2016
-0.013136
October 2016
-0.003028
September 2016
-0.001930
August 2016
-0.003776
July 2016
-0.002839
June 2016
-0.008639
May 2016
-0.005945
April 2016
-0.008676
March 2016
-0.007264
February 2016
-0.009529
January 2016
-0.012032

 

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