PCA Credit to Decrease Members’ Bills

Choptank Electric has proposed to the Maryland Public Service Commission a change in the Power Cost Adjustment (PCA). Upon approval from the Commission, the new PCA will go into effect on July 1, 2020. 

A residential member using 1,000-kilowatt hours (kWh) per month will see a decrease of $0.84 per month. The PCA is currently a credit of $0.00296/kWh. The proposed PCA, effective with the July 1st billing, will be a credit of $0.00380/kWh.

The PCA is a separate line item on each Choptank Electric bill that reflects the increases or decreases in the Co-op’s cost of wholesale power purchased from Old Dominion Electric Cooperative (ODEC). Any fluctuation in the PCA is mainly caused by changes in the cost of purchased power-driven by the fuel used to generate electricity. 

ODEC continues to work diligently to produce and procure the power required by its members with affordability and reliability as their primary concerns. Without Power Cost Adjustments, utility base rates would be constantly changing to reflect increases and decreases in the cost of power.