MPE Electric Rates

202.01 - General Service Small (1C, 1R, 1CCON, 1RCON)

  • System Access Charge: $38.32 per month
  • All kWh: $0.12690

202.11 - General Service Whole-House Time-Of-Use (1RWHO, 4RCON)

  • System Access Charge: $38.32 per month
  • On Peak kWh of metered monthly usage: $0.22626 / kWh
  • Off Peak kWh of metered monthly usage: $0.08744 / kWh

On Peak Hours: 5 p.m. - 10 p.m., Monday through Saturday
Off Peak Hours: 10 p.m. - 5 p.m., Monday through Saturday and all day Sunday

*NOTE: 24-month commitment required to sign up for this voluntary rate option

202.02 - General Service Time-Of-Use - ETS (3C-ON, 3R-ON, 3RCON) 

  • System Access Charge: $38.32 per month
  • On Peak kWh of metered monthly usage: $0.12690 / kWh
  • Off Peak kWh of metered monthly usage: $0.08744 / kWh

On Peak Hours: 3 p.m. - 10 p.m.
Off Peak Hours:  10 p.m. - 3 p.m.

202.03 - Small Power (6)

  • System Access Charge: $63.83 per month
  • Demand Charge, per kW of billing demand: $5.87 / kW
  • First 300 kWh per billing kW, per kWh of metered monthly usage: $0.10950 / kWh
  • Over 300 kWh per billing kW, per kWh of metered monthly usage: $0.08744 / kWh

202.04 - Large Power (7, 7NC, 7P)

  • System Access Charge: $114.55 per month
  • Demand Charge, per kW of billing demand: $5.87 / kW
  • First 300 kWh per billing kW, per kWh of metered monthly usage: $0.10970 / kWh
  • Over 300 kWh per billing kW, per kWh of metered monthly usage: $0.08744 / kWh

Primary Service (7P) receives a 3% primary service discount on kWh and Demand.

Rate 7P

Same as Rate 7 Except Primary Service Discount of 3% on kWh and Demand Revenue

202.05 - Large Power Demand (8, 8P)

Secondary Service Level (8)

  • System Access Charge: $114.55 per month
  • Rate per kWh of metered monthly usage: $0.06717 / kWh
  • Non-Coincidental Peak Demand Charge, per kW of billing demand:  $13.08

Primary Service Level (8P)

  • System Access Charge: $229.10 per month
  • Rate per kWh of metered monthly usage: $0.06717 / kWh
  • Non-Coincidental Peak Demand Charge, per kW of billing demand: $10.61
  • Primary Service Discount of 3% on kWh

202.05 - Large Power Demand Primary (8P)

  • System Access Charge:  $229.10 per month
  • Rate per kWh of metered monthly usage:  $0.06717 / kWh
  • Demand Charge, per kW of billing demand:  $10.61
  • Primary Service Discount of 3% on kWh 

202.07 - Level 3 Electric Vehicle Charger (8EVC)

  • Basic Service Availability Charge: $1.72 per installed kW (per month)
  • Rate per kWh of metered monthly usage: $0.06717 / kWh (at cost)

202.06 - Outdoor and Municipal Street Lighting

  • Type - Available for New Installations / Charge per Light
    • Security LED / $7.15
    • Highway Street Light - LED / $8.83
    • Universal LED Street Light / $14.41
  • Type - No Longer Available for New Installations
    • 40 Watt Security LED: $7.15
    • 70 Watt Security LED: $8.83
    • 175-watt Mercury Vapor: 63 kWh, $12.32/month
    • 250-watt Mercury Vapor: 90 kWh, $17.15/month
    • 400-watt Mercury Vapor: 144 kWh, $21.97/month
    • 100-watt High Pressure Sodium: 36 kWh, $12.32
    • 250-watt High Pressure Sodium: 90 kWh, $21.97
    • 400-watt High Pressure Sodium: 144 kWh, $27.82
    • 40-watt LED Street Light: 15 kWh, $6.94
    • 115-watt LED Street Light:  42 kWh, $11.30

 

Rate Increase FAQs

  • The upcoming rate increase is only the second for MPE in 9 years. There were no rate increases for the 7 years between 2016-2023.
  • A cost-of-service study and proposed rate design was completed for our cooperative by industry experts at PSE, an independent organization that serves utilities across North America. The objective of the rate design was to ensure that rates are fair, equitable, and financially adequate, while reflecting cost causation, promoting efficient energy use, and remaining competitive with similar co-ops. The rate design also aimed to recover revenue to meet MPE’s operational needs as a not-for-profit, member-owned cooperative.
  • The rate increase will take effect on February 1, 2025.
  • Since 2016, operational costs resulting from inflation have also gone up by an average of more than $1.8 million annually, or 13%. From 2020 to 2021 alone, MPE’s non-power supply expenses jumped 7.5% due to the skyrocketing costs of materials and supplies.
  • To help mitigate future anticipated rate increases, MPE has spent the last 2 years exploring alternate power supply options. In January 2023, MPE provided Tri-State the required 2-year notice to terminate its wholesale power contract, effective Feb. 1, 2025. MPE has secured a more stable power purchase agreement with Guzman Energy to follow its exit from Tri-State.
  • The average residential electric bill will increase by approximately $11.77 monthly.
  • The average residential kWh usage over the past 12 months is 700 kWh/month.
    • At the current rate: $0.11737 x 700 kWh = $82.16 + $33.22 SAF = average monthly bill of $115.38.
    • At the new rate: $0.12690 x 700 kWh = $88.83 + $38.32 SAF = $127.15.
  • In aggregate, total rate increases amongst rate classes will result in an overall required 10.4% increase in revenue. Individual rate classes will be impacted differently. The remaining rate classes were finalized and the Board approved proposed revisions to Tariff Section II: Rate Schedules at the Dec. 12 meeting. 
  • MPE’s new residential electricity charge of $0.12690 kWh, to become effective Feb. 1, 2025, is well below both the Colorado electric utility rate from September 2024 of $0.15030 kWh and the national average from that same month of $0.1683 kWh. (data from U.S. Energy Information Administration)
  • A new rate discount program has been created for those who may be disproportionately impacted by any rate changes. The income-qualified financial assistance pilot program – BOOST (Benefiting Our Own in our Service Territory) – will also take effect on Feb. 1. MPE is partnering with Mountain Family Center, which provides services throughout Grand and Jackson counties, to qualify members who may be at or below 200% of the Federal Poverty Level. Eligible members will receive a 20% discount on their monthly bills. Eligible members who enroll in MPE’s prepay program will get an additional 5% discount, for a total discount of 25% monthly. The pilot will run through June 2026. More info to be available soon at MPE and the Mountain Family Center.
  • MPE will continue to share with its members tips on how to save energy, cut costs and find energy assistance resources for those in need. Below are links to assist with energy efficiency/management:
  • For more info, please contact MPE at memberservices@mpei.com or 970-887-3378.