So, you may be asking…

 

Why is SDCEA proposing a rate restructure?

The bottom line is:

SDCEA is proposing a rate restructure to ensure that we can continue to provide reliable, affordable electricity to our members while also maintaining sufficient revenue to operate our facilities.

What this means is:

There are two components to the proposed restructure: energy rates and service availability charges. As a result of the proposed restructure, SDCEA’s overall energy rates will be reduced. In many cases, this offsets the increase in service availability charges on member bills. It is possible that some members will see an increase in their bills due to the increased service availability charge.

It’s important to remember that:

Electric cooperatives are member-owned, not-for-profit entities that provide electricity to their members at cost. We exist to serve our members, not to make a profit. Any excess revenue is typically reinvested into the cooperative or returned to members in the form of capital credits.

What you may not know is:

The proposed rate restructure is not a universal bill increase. In fact, for many members in our service territory under the proposed restructure, their overall bill would decrease or stay about the same.

To find out how this rate restructure will affect your bill:

You can log into or create an account log-in by clicking the button at the top of this page to show how this proposed change may affect your electric bill. Click on Profile>My Documents on the landing page to read a letter summarizing the proposed rate change, as well as a comparison of your charges in 2022 and 2023.

The rate restructure information is also described in much more detail on our website – visit  sdceadvisory.com. There, you can learn more about the proposed rate restructure, and browse through a question and answer section about the change. 

Would you like to speak with someone about your questions?

You can call our offices at 719-395-2412 from 8 a.m. to 5 p.m., Mondays through Fridays. 

One more thing…

It is important to note that the proposed rate restructure is just that – proposed. At the March 29 meeting, our democratically elected board of directors will discuss the proposed rate restructure. If you are interested in attending, the agenda for the meeting will be posted March 17 and will include instructions on how to register to attend. Make sure you register early, since seating is limited.

For more information, please contact us at 719-395-2412, toll-free 844-395-2412 or email our financial manager Sarah Crites at sdcearates@myelectric.coop.