Understanding Rates
At People's Energy, we strive to provide members with reliable electric service at fair and reasonable prices which meets or exceeds industry standards for availability, quality, and continuity.
Members will see a rate increase, effective with May 1 energy use, on their June billing statements. For a listing of the most common rate changes, frequently asked questions, and information on the 2024 Rate Increase click below.
2024 Rate Increase
Most Common Rates (Effective May 1, 2024)
Rate | Details |
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Residential Service - Rural Includes: residential homes or apartments outside of an incorporated city |
Basic Service Charge: $59.00/month Energy Charge: |
Residential Service - Urban Includes: residential homes or apartments within the boundaries of an incorporated city |
Basic Service Charge: $38.50/month Energy Charge: |
General Service with Electric Heat
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Basic Service Charge: $59.00/month Energy Charge: |
Electric, Shared/Community Water Well and Septic
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Basic Service Charge: $22.50/month Energy Charge: |
Optional Residential Demand Service
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Basic Service Charge: $38.50/month Energy Charge: Demand Charge: |
Rate | Details |
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Small General Service Includes: farms, small grain bins or dryers, and small to medium-sized businesses |
Basic Service Charge: Energy Charge: |
General Demand Service Includes: farms, large grain bins or dryers, large-sized farms, medium to large size business, and industrial operations
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Basic Service Charge: Energy Charge: $0.06300/kWh Demand Charge: |
Controllable Seasonal Rate Available to members with seasonal energy use requiring at least a 70 KVA transformer
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Basic Service Charge: $140/month Energy Charge: $0.05910/kWh Demand Charges: Seasonal Demand Charge When Load Control is Requested: |
Peak Alert Interruptible Available to members where their monthly maximum demand will or has exceeded 20 kW for at least once annually and the member has the ability to maintain their system's operation during periods of load control through the use of a standby generator
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Basic Service Charge: $140/month Energy Charge: $0.05910/kWh Demand Charges: Seasonal Demand Charge when Load Control is Requested: |
Cooperative owned, outdoor, dusk to dawn, unmetered lighting.
This rate includes installation, maintenance, and electricity with installation on an existing pole where 120 volts (secondary distribution facilities) is available ahead of the member's metering. All outdoor lighting fixtures shall be owned, maintained, and operated by the Cooperative.
Municipal owned, outdoor, dusk to dawn, unmetered lighting.
The Cooperative will furnish all electric energy required to operate the municipality's street lighting system. All maintenance shall be the responsibility of the municipality.
*Holidays are New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day
Rate | Details |
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Optional Residential Time-of-Use Includes: residential homes or apartments
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Basic Service Charge: Energy Charge: Definition of Peak Periods: |
Optional Electric Vehicle Charging Time-of-Use Includes: electric vehicle charging
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Basic Service Charge: Energy Charge: Definition of Peak Periods: |
Optional General Service Time-of-Use Includes: single or three-phase general service, 60 Hz, at available secondary voltages
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Basic Service Charge: Energy Charge: Definition of Peak Periods: |
Rate | Details |
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On-Peak Electric Space Heating (Closed - not available to new applications) Available for: separately metered, single-phase residential service for the primary purpose of heating with electricity |
Basic Service Charge: $7.00/month Energy Charge: |
Off-Peak Electric Space Heating Available for: separately metered, single-phase service, which has utility approved electric space heating equipment at least 8 kW. |
Basic Service Charge: $7.00/month Energy Charge: $0.06200/kWh |
Off-Peak Electric Vehicle Charging Available for: separately metered, single-phase service, which has utility approved hard-wired, level two electric vehicle charger |
Basic Service Charge: $7.00/month Energy Charge: $0.06200/kWh |
Electric Vehicle Fast Charging Available for: non-residential, Level 3 electric vehicle charging facilities with capacity of 50kW or more |
Basic Service Charge: Energy Charge: |
Electric Vehicle Charging Subscription Rate - Pilot Rate This optional incentive pilot rate is available and limited to 50 residential members for separately metered, level-2 hard-wired, electric vehicle charging.
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Subscription Charge: Energy Charge: Definition of Peak Periods: |
Dual Fuel Space Heating Available for: separately metered, controlled dual electric space heating where electric service is also used for lighting or other purposes
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Basic Service Charge: $7.00/month Energy Charge: $0.07510/kWh (Sept.-May) |
Off-Peak Electric Water Heating Available for: single-phase general service under a single-phase rate schedule, which has utility approved electric water heating equipment of at least 80 gallons, subject to the established rules and regulations of the Cooperative |
Basic Service Charge: $7.00/month Energy Charge: $0.06200/kWh
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Rate Definitions
The Basic Service Charge accounts for the majority of the Cooperative's investment in poles, wires, transformers, and equipment to provide members with electric service. It supports fleet, facility, and member service functions, such as outage response, line maintenance, member service support, and administrative responsibilities.
The Energy Charge is calculated based on the metered kilowatt-hours (kWh) consumed during the billing period. The energy used to calculate this charge is also known as a member's usage.
The Demand Charge is determined by the highest amount of power, measured in kilowatts (kW), recorded by the meter during a designated period of time. This measurement resets each billing period. The charge is calculated by taking that measurement times the rate based on the time of year.
The Power Cost Adjustment reflects the increases or decreases in the Cooperative's cost to purchase and distribute wholesale power.