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 (0.016575).

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
December 2018 -0.000500
November 2018 -0.016575
October 2018 -0.015355
September 2018 -0.002339
August 2018 -0.004533
July 2018 -0.008616
June 2018 -0.012400
May 2018 -0.006864
April 2018 -0.001791
March 2018 0.001175
February 2018 -0.002439
January 2018 -0.002645
December 2017 -0.015767

 

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