Large Power Rate - LP6
Availability
The application of this rate schedule is limited to Consumers that establish a minimum demand of 1,000 kilowatts through a single meter subject to the established rules and service regulations of the Cooperative.
Type of Service
Three-phase, 60 Hertz, at available voltage. At its sole discretion, the Cooperative may elect to meter the customer with either primary or secondary metering and make the appropriate correction for losses.
Rate
Level I Substation
Service Access Fee: $500 per month
Demand Charge: $0.60 per NCP kW
Energy Charge:
- First 1,000,000 kWh: $0.00725 per kWh
- Over 1,000,000 kWh: $0.00525 per kWh
Level II Distribution Primary - Metered at Substation Level
Service Access Fee: $500 per month
Demand Charge: $2.20 per NCP kW
Energy Charge:
- First 1,000,000 kWh: $0.00725 per kWh
- Over 1,000,000 kWh: $0.00525 per kWh
Level III Distribution Primary
Service Access Fee: $500 per month
Demand Charge: $2.75 per NCP kW
Energy Charge:
- First 1,000,000 kWh: $0.00755 per kWh
- Over 1,000,000 kWh: $0.00545 per kWh
Level IV Distribution Secondary
Service Access Fee: $500 per month
Demand Charge: $3.85 per NCP kW
Energy Charge:
- First 1,000,000 kWh: $0.00775 per kWh
- Over 1,000,000 kWh: $0.00555 per kWh
Wholesale Power Costs
The Cooperative's approved wholesale cost of power method using power supplier's applicable Rate Schedule shall be the cost of power to serve the Customer including, but not limited to taxes, capacity, demand, ancillary services, delivery, energy and fuel charges for the billing period plus adjustments applied to the current monthly billing to account for differences in actual purchased electricity costs billed in previous periods. The power cost will be calculated using the billing units defined in the same manner as defined in the wholesale rate to the customer, including any ratchet provisions in the wholesale rate. The Customer's billing units may be adjusted for line losses, as determined by the Cooperative, to calculate the Customer's power cost at the wholesale supplier's metering point to the Cooperative.
Facilities Charge
The facilities charge may be applicable to consumers requiring extension of service based on the actual cost of construction plus applicable interest cost {determined by the interest rate of the most current fixed loan), billed to the Customer monthly as developed on the following formula: (Actual Construction Cost + Applicable Interest Cost)/ Term of Agreement = Monthly Charge
Construction Costs
Construction costs for large project investments could be required to be paid upfront entirely in lieu of a facility charge(s). These construction costs are for large projects built for the purpose of servicing load(s) that could be financially detrimental to the cooperative if funds were not collected upfront. These pre-collected construction costs could be paid back to the consumer over time as a credit on the consumer's monthly electric bill if certain minimum usage and load factor parameters are contractually met provided that the Cooperative's financial investment on facilities built do not adversely affect the overall membership.
Minimum Monthly Charge
The minimum monthly charge shall be the service access fee plus the highest 1 of the following charges:
- The service access fee plus all kWh charges, plus the Cooperative's demand charge based on the Cooperative's appropriate demand charge rate times the greatest of 1,000 kW or the current billing month's NCP recorded (metered) kW demand, plus any facilities charges, including all monthly wholesale power supplier charges, and applicable adjustments.
- Minimum as stated in Agreement for Purchase of Power.
Determination of Kay Electric Billing Demand
The Consumer's Kay Electric Billing Demand shall be the maximum rate at which energy is used for any period of 15 consecutive minutes of the month for which the bill is rendered as shown by the cooperative's or WFEC’s demand meter.
Determination of Western Farmers Electric Wholesale Energy Charge & Billing Demands
For Consumers who qualify for this rate, the Consumer's WFEC wholesale Energy Charge and Billing Demand(s) shall be based on the WFEC wholesale rate selected. WFEC's rate schedule R16 Commercial / Industrial rider rate is the normal rate utilized for the LP-6 rate, but other WFEC rate schedules could be applied if beneficial for both the Consumer and the Cooperative. The Consumer is responsible to pay for any and all demand(s) or other charges according to the WFEC rate through the end of any given calendar year. If WFEC replaces the existing contract rate used by this agreement with a new contract rate, the newest contract rate would immediately be applied to this agreement and any associated fee changes applied.
Peak Demand Period
The Peak Demand Period shall be any day of the year.
Power Factor Adjustment
The consumer agrees to maintain unity power factor as nearly as practicable. The power factor during the month for billing purposes shall be obtained from the measured reactive kilovolt-ampere demand taken during the month. If the power factor during the month is less than ninety percent (90%) lagging or greater than ninety percent (90%) leading, a power factor adjustment shall be applied. Such adjustments shall be based on the higher of a power factor penalty charge from Western Farmers Electric Cooperative, or the amount from increasing the total monthly charges by one percent (1%) for each one percent (1%) that the power factor for the month is less than ninety percent (90%) lagging or greater than ninety percent (90%) leading.
Power Cost Adjustment (PCA)
The PCA shall be passed on to the Consumer using the same factor per kWh as is passed on to the seller as Fuel Adjustments by Cooperative’s wholesale supplier.
Line Loss Adjustment
A line loss adjustment shall be applied by taking the total kilowatt-hours and increasing it by the amount of the line loss factor, which shall be determined based on the maximum expected load, if the metering for this service is not located at the beginning of a dedicated feeder to serve this load.
Tax Adjustment
The above rate shall be subject to an increase or decrease in proportion to the amount of new or increased taxes which the Cooperative may hereafter be required to pay, which are levied, imposed, increased, or decreased by laws or tax rates which were not in effect on April 1, 2024.
Gross Receipt Tax
All charges are subject to the Gross Receipts Tax levied by the State of Oklahoma. Currently the tax is two percent (2%).
Terms of Payment
The monthly bill is due within 10 days after the bill is mailed or presented online for the consumer to view. A late fee of 5% of the net bill, but not less than $5.00, shall be added after the due date. If the consumer fails to pay by the due date, the Cooperative may discontinue service by giving 5 days’ written notice.