Notice of Proposed Adjustment to Retail Electric Rates

PLEASE TAKE NOTICE that, in accordance with the requirements of the Kentucky Public Service Commission (“Commission”), as set forth in 807 KAR 5:001, Section 17(2)(b), of the Commission’s Rules and Regulations, notice is hereby given to the member consumers of Taylor County Rural Electric Cooperative Corporation (“Taylor County”) of a proposed general rate adjustment. Taylor County intends to file an application styled, The Electronic Application of Taylor County Rural Electric Cooperative Corporation for General Adjustment of Rates, and Other General Relief, to the Commission, on or after June 1, 2023.

The rate adjustment, with a requested effective date of July 1, 2023, or after, will result in an increase in retail power costs to its member consumers, and in an increase in revenue of $6,377,262 or 12.68% for Taylor County.

The amount and percent of increase by rate class are listed below:

                               Increase                               

Rate Class

Dollars

Percent

A

Residential Farm & Home

$6,125,858

19.44%

R-1

Residential Marketing Rate

$1,410

7.23%

GP1

General Purpose Part 1 < 50 KVA

$249,994

6.10%

GP2

General Purpose Part 2 > 50 KVA

$0

0%

B1

Large Industrial

$0

0%

SL

Street Lighting

$0

0%

Total

$6,377,262

12.68%

The effects of the proposed rates on the average monthly bill by rate class are listed below:

Average                        

Increase                   

Rate Class

Usage (kWh)

Dollars

Percent

A

Residential Farm & Home

1,113

$21.34

19.44%

R-1

Residential Marketing Rate

1,480

$6.62

7.23%

GP1

General Purpose Part 1 < 50 KVA

1,188

$7.13

6.10%

GP2

General Purpose Part 2 > 50 KVA

20,255

$0.00

0%

B1

Large Industrial

474,275

$0.00

0%

SL

Street Lighting

NA

$0.00

0.0%

Total

NA

$0.00

12.68%

The present and proposed monthly rates for each rate schedule are listed below:

    Rates

Rate Class

Present

Proposed

A

Residential Farm & Home

Customer Charge Per Delivery Point

$10.22

$16.84

Energy Charge Per kWh

$0.081230

$0.094458

R-1

Residential Marketing Rate

Energy Charge Per kWh

$0.048070

$0.048070

GP1

General Purpose Part 1 < 50 KVA

Customer Charge Per Month

$10.40

$17.02

Energy Charge Per kWh

$0.081400

$0.081826

GP2

General Purpose Part 2 > 50 KVA

Customer Charge Per Month

$51.79

$51.79

Energy Charge Per kWh

$0.060110

$0.060110

Demand Charge Per kW

$5.54

$5.54

B1

Large Industrial

Customer Charge Per Month

$1,275.12

$1,275.12

Energy Charge Per kWh

$0.050940

$0.050940

Demand Charge Per kW - Contract

$6.43

$6.43

Demand Charge Per kW - Excess

$9.32

$9.32

SL

Street Lighting

175 Watt Mercury Vapor

$2.95

$2.95

400 Watt Mercury Vapor

$4.70

$4.70

100 Watt High Pressure Sodium

$3.38

$3.38

250 Watt High Pressure Sodium

$5.20

$5.20

250 Watt Mercury Vapor

$3.55

$3.55

LED Security Light

$9.84

$9.84

LED Cobra Head Light

$12.98

$12.98

LED Directional Light

$17.56

$17.56

LED LC MTL Pole

$15.48

$15.48

Taylor County does not propose revisions to other tariffs or schedules not listed above.

Any person may examine the rate application and related documents which Taylor County has filed with the Commission at the utility’s principal office located at:

Taylor County Rural Electric Cooperative Corporation

625 W. Main Street

Campbellsville, KY 42718

Any person may also examine the rate application and related documents which Taylor County has filed with the Commission on the Commission’s website at https://psc.ky.gov, or Monday through Friday, 8:00 a.m. to 4:30 p.m., at its office located at:

Kentucky Public Service Commission

211 Sower Boulevard

Frankfort, Kentucky 40602

Comments regarding the application may be submitted to the Commission by mail to: Kentucky Public Service Commission, P.O. Box 615, Frankfort, Kentucky 40602, or by electronic mail to: psc.info@ky.gov.

The rates contained in this notice are the rates proposed by Taylor County Rural Electric Cooperative Corporation. However, the Commission my order rates to be charged that differ from the proposed rates contained in this notice.

Any person may submit a timely written request for intervention to the Kentucky Public Service Commission, P.O. Box 615, Frankfort, Kentucky 40602, establishing the grounds for the request, including the status and interest of the party. If the Commission does not receive a written request for intervention within thirty (30) days of initial publication or mailing of this notice, the Commission may take final action on the application.

Taylor County Rural Electric Cooperative Corporation        Public Service Commission

625 W. Main Street                                                                211 Sower Boulevard

Campbellsville, Kentucky 42718                                           P.O. Box 615

Tel. (270) 465-4101                                                                Frankfort, Kentucky 40602

https://www.tcrecc.com                                                          Tel. (502) 564-3940 https://psc.ky.gov

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