PRECorp makes annual cost of power adjustments
Heat rate discount meanwhile expected to see small increase
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Powder River Energy (PRECorp) has requested permission from the Public Service Commission to increase its Cost of Power Adjustment (COPA) by $1,386,882 per annum, effective on January 1, to reflect a change in wholesale power costs. This would lead to a modest increase on residential monthly bills.
In a second filing, the cooperative is also asking to make changes to the heat rate discount offered to members who have permanent electric resistance heat or electric heat pump space heating systems.
COPA is a mechanism that the cooperative uses to ensure it is only ever recovering from its memb...
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