Attention CFEC Members, in observance of the Christmas Holiday, the CFEC Board of Trustees has voted to move the December Board Meeting from Monday December 25th, to Thursday, December 21st. Board Meetings are held at the Chiefland office 11491 NW 50th Ave Chiefland, FL 32626 at 5pm.
CENTRAL FLORIDA
ELECTRIC COOPERATIVE, INC.
~YOUR POWER PARTNER~
Wholesale Power Cost Adjustment
For Residential Services
Facilities Charges for 30 Days @ $1.0833...........................................................$32.50
Energy Charge Per 1,000 kWh @ $.097*..................................................... $97.00
*Note: All kWh used above 1,000 is charged @$.123
Wholesale Power Cost Adjustment.............................................................$0.00
Total:............................................................................................................. $129.50
The cost to members per 1,000 kWh for the month of December 2023 is $129.50
Facilities Charge- is a monthly fee that covers a portion of your share of the poles, wires, transformers, service drops and meters, which gives you access to the electric grid.
Energy Charge- covers the wholesale cost of the power supplied to members, which accounts for at least 70 percent of the total cost of service.
Wholesale Power Cost Adjustment (WPCA) - The WPCA is used to “adjust” the amount charged to members when the price of fuels to generate electricity, rise and fall over time. Fuel cost adjustments can be additions or subtractions on your bill, depending on how much Central Florida Electric’s wholesale power provider, (Seminole Electric Cooperative) had to pay for generation fuels.
Want to learn more about the Wholesale Power Cost Adjustment? Click the button below.