Rates

SCHEDULE B: Security Light Service

Availability

This schedule is available in all territories served by the Cooperative, subject to the Cooperative’s established Service Rules and Regulations.

Applicability

This schedule is applicable to any consumer of the Cooperative for the yard, security, or decorative lighting from dusk to dawn.

Monthly Rate

Yard or Security Lights

100-Watt High-Pressure Sodium $12.00
100-Watt High-Pressure Sodium – Decorative $18.40
400-Watt Metal Halide – Flood $18.55
1000-Watt Metal Halide – Flood $ 24.10
175-Watt Metal Halide – Cobra $ 34.40
175-Watt Metal Halide Decorative Acorn $ 34.20
175-Watt Metal Halide Decorative Acorn w/ 2 Lights $ 43.65
175-Watt Metal Halide Decorative Shoebox w/ 2 Lights $ 40.95
250-Watt Metal Halide Decorative Acorn $ 35.40
250-Watt Metal Halide Decorative Acorn w/ 2 Lights $ 45.15
400-Watt Metal Halide – Cobra $ 35.60
43-Watt LED $ 10.10
50-Watt LED $ 10.10
129-Watt LED $ 18.55
200-Watt LED $ 20.15

Additional Charges:

For wooden poles required for yard lighting in addition to existing distribution poles, a charge of $2.15 per month per extra pole shall apply.

Decorative Lighting

Carrying Charge: 2% of the Total Installation Cost
Energy Charge: 5.55 cents per kWh (based on the type of light installed)

Condition of Service

Lighting equipment including lamps, fixtures, controls, and conductors will be furnished and maintained by the Cooperative.

Lamp replacement will be made by the Cooperative with an additional charge, except that any damage to lamps and luminary resulting from vandalism shall be charged to the consumer as a separate item on the monthly bill. The bill shall be based on the Cooperative’s actual cost.

Consumers should report outages promptly. Lamps will be serviced only during regular working hours of the Cooperative.

Wholesale Power Cost Adjustment

The Cooperative’s approved Wholesale Power Cost Adjustment shall be applicable to all service supplied under this Schedule.

Sales Tax

Any applicable State and local sales taxes will be added to all services billed under this Schedule.

SCHEDULE C: Residential Service

Availability

This schedule is available in all territories served by the Cooperative, subject to the Cooperative’s established Service Rules and Regulations.

Applicability

This schedule is applicable for residential use and for use incidental thereto supplied through one meter to each individual residence or apartment unit. The residence is defined as a metered dwelling suitable to be a single-family unit with kitchen and bathroom facilities and the primary place in which a member resides.

Type of Service

Service under this schedule shall be single-phase, 60 cycles, at one of the Cooperative’s available secondary voltages.

Monthly Rate

Basic Facilities Charge: $ 29.50
Energy Charge: All kWh 13.27 ¢ per kWh

Minimum Charge

The minimum monthly charge shall be the Basic Facilities Charge shown above.

Wholesale Power Cost Adjustment

The Cooperative’s approved Wholesale Power Cost Adjustment shall be applicable to all services supplied under this Schedule.

Sales Tax

Any applicable State and local sales taxes will be added to all services billed under this Schedule.

SCHEDULE D: Residential Service -Time of Day

Availability

This schedule is available in all territories served by the Cooperative, subject to the Cooperative’s established Service Rules and Regulations.

Applicability

This schedule is applicable for residential use and for use incidental thereto supplied through one meter to each individual residence or apartment unit. A residence is defined as a metered dwelling suitable to be a single-family unit with kitchen and bathroom facilities and the primary place in which a member resides.

Type of Service

Service under this schedule shall be single-phase, 60 cycles, at one of the Cooperative’s available secondary voltages.

Monthly Rate

Basic Facilities Charge: $ 29.50
Energy Charges:
On-Peak Energy 48.00 ¢ per On-Peak kWh
Off-Peak Energy 8.00 ¢ per Off-Peak kWh

Minimum Charge

The minimum monthly charge shall be the Basic Facilities Charge shown above.

On-Peak and Off-Peak Periods

October 16 – April 15

On-Peak Hours: 6:00 AM to 9:00 AM, Monday – Friday
Off-Peak Hours: All other hours

April 16 – October 15

On-Peak Hours: 2:00 PM to 6:00 PM, Monday – Friday
Off-Peak Hours: All other hours

All hours of the following holidays shall be considered off-peak:

New Year’s Day, Good Friday, Fourth of July, Labor Day, Thanksgiving Day, Day after Thanksgiving Day, Christmas Eve, and Christmas Day.

Wholesale Power Cost Adjustment

The Cooperative’s approved Wholesale Power Cost Adjustment shall be applicable to all services supplied under this Schedule.

Sales Tax

Any applicable state and local sales taxes will be added to all services billed under this Schedule.

SCHEDULE F: Commercial Service

Availability

This schedule is available in all territories served by the Cooperative, subject to the Cooperative’s established Service Rules and Regulations.

Applicability

Applicable to non-residential single-phase and three-phase consumers whose monthly demand never exceeds 1,000 kW.

Type of Service

Service under this schedule shall be single-phase or three-phase, 60 cycles, at one of the following voltages: 120/240, 120/208, or 240/480. Motors in excess of one (1) horsepower shall be connected to operate on not less than 208 volts. Motors having a rated capacity in excess of 10 horsepower must be three-phase. However, single-phase motors in excess of 10 horsepower may be served under this Schedule provided the consumer installs a phase converter for the operation of the same. Motors having a rated capacity of 20 or more horsepower must have reduced voltage starters.

Monthly Rate

Basic Facilities Charges:

Single-Phase $ 45.00
Three-Phase $ 100.00

Where the monthly billed demand is less than 100 kW the demand and energy charge shall be calculated using the charges and blocks directly below.

Demand Charges:

First 15 kW $ 0.00 per kW
All kW over 15 $ 9.50 per kW

Energy Charges:

First 2,500 kWh 12.88 ¢ per kWh
Next 7,500 kWh 9.18 ¢ per kWh
Next 40,000 kWh 7.76 ¢ per kWh
All kWh over 50,000 6.60 ¢ per kWh

Where the monthly billed demand is 100 kW or greater the charges shall be the lower of the demand and energy charges shown above or the energy charge shown below.

Energy Charge:

All kWh 16.97 ¢ per kWh

Minimum Monthly Charge

The minimum monthly charge shall be the highest of the following charges as determined for the consumer in question:

  1. The appropriate Basic Facilities Charge as stated above, or
  2. The minimum monthly charge specified in the consumer’s contract for power.

Determination of Billing Demand

The billing demand shall be the highest of the following:

  1. The maximum kilowatt demand established for a period of 15 consecutive minutes during the month, as may be adjusted for power factor as provided below,
  2. Fifty (50) percent of the contract demand, or
  3. The minimum billing demand is stated in the consumer’s power contract.

Power Factor Adjustment

The consumer agrees to maintain a unity power factor as nearly as practicable. Demand charges will be adjusted for consumers with 50 kW or more of measured demand to correct for an average power factor lower than 90 percent, and may be so adjusted for other consumers if the Cooperative deems it necessary. Such adjustments will be made by increasing the measured demand by 1 percent for each 1 percent that the average power factor is less than 90 percent lagging.

Condition of Service

Prior to the procurement of electric motors and actual service connection thereto, the consumer shall consult with the Cooperative to verify service characteristics and agree on service conditions. The consumer shall install or have installed protective devices on all electric motors and equipment to protect same in case the supply of electricity shall fail or be interrupted, or become defective through the act of God, or the public enemy, or state, municipal, or public authority, or any other cause beyond the reasonable control of the Cooperative. The Cooperative shall not be liable for such failure, interruption, or defect.

Wholesale Power Cost Adjustment

The Cooperative’s approved Wholesale Power Cost Adjustment shall be applicable to all services supplied under this Schedule.

Sales Tax

Any applicable State and local sales taxes will be added to all services billed under this Schedule.

SCHEDULE F-TOD: Commercial Service – Time of Day

Availability

This schedule is available on a voluntary and limited basis, at the Cooperative’s option. This rate shall be limited to the availability of appropriate meters and will be limited further by the saturation and/or impact on the Cooperative’s electric system of consumers utilizing this Rate Schedule in a general area.

Applicability

Applicable to those three-phase and single-phase consumers whose monthly demand has exceeded 25 KW at least once during the most recent twelve months.

Type of Service

Service under this schedule shall be single-phase or three-phase, 60 cycles, at one of the following voltages: 120/240, 120/208, or 240/480. Motors having a rated capacity in excess of 10 horsepower must be three-phase. However, single-phase motors in excess of 10 horsepower may be served under this Schedule provided the consumer installs a phase converter for the operation of the same. Motors having a rated capacity of 20 or more horsepower must have reduced voltage starters.

Monthly Rate

Basic Facilities Charges:

Single-Phase $ 70.95
Three-Phase $ 135.90

Demand Charges:

On-Peak Demand $ 17.50 per kW of On-Peak Demand
Maximum Monthly Demand $ 4.95 per kW of Off-Peak Demand

Energy Charges:

On-Peak Energy 7.50 ¢ per On-Peak kWh
Off-Peak Energy 5.00 ¢ per Off-Peak kWh

Minimum Charge

The minimum monthly charge shall be the appropriate Basic Facilities Charge shown above.

Condition of Service

Prior to the procurement of electric motors and actual service connection thereto, the consumer shall consult with the Cooperative to verify service characteristics and agree on service conditions. The consumer shall install or have installed protective devices on all electric motors and equipment to protect same in case the supply of electricity shall fail or be interrupted, or become defective through the act of God, or the public enemy, or state, municipal, or public authority, or any other cause beyond the reasonable control of the Cooperative. The Cooperative shall not be liable for such failure, interruption, or defect.

Determination of Billing Demand

The On-Peak Billing Demand shall be the maximum kilowatt demand established by the consumer during a 15-minute interval, during on-peak hours, within the month for which the bill is rendered, as indicated or recorded by a demand meter and adjusted for power factor. The Maximum Monthly Billing Demand shall be the maximum kilowatt demand established by the consumer during a 15-minute interval, during all hours, within the month for which the bill is rendered, as indicated or recorded by a demand meter and adjusted for power factor.

Power Factor Adjustment

The consumer agrees to maintain a unity power factor as nearly as practicable. Demand charges will be adjusted for consumers with 50 kW or more of measured demand to correct for an average power factor lower than 90 percent, and may be so adjusted for other consumers if the Cooperative deems it necessary. Such adjustments will be made by increasing the measured demand by 1 percent for each 1 percent so that the average power factor is less than 90 percent lagging.

On-Peak and Off-Peak Periods

October 16 – April 15

On-Peak Hours: 6:00 AM to 9:00 AM, Monday – Friday
Off-Peak Hours: All other hours

April 16 – October 15

On-Peak Hours: 2:00 PM to 6:00 PM, Monday – Friday
Off-Peak Hours: All other hours

All hours of the following holidays shall be considered off-peak:

New Year’s Day, Good Friday, Fourth of July, Labor Day, Thanksgiving Day, Day after Thanksgiving Day, Christmas Eve, and Christmas Day.

Wholesale Power Cost Adjustment

The Cooperative’s approved Wholesale Power Cost Adjustment shall be applicable to all services supplied under this Schedule.

Sales Tax

Any applicable State and local sales taxes will be added to all services billed under this Schedule.

SCHEDULE I: Large Power Service

Availability

This schedule is available in all territories served by the Cooperative, subject to the Cooperative’s established Service Rules and Regulations.

Applicability

This schedule is applicable to those three-phase consumers whose monthly demand has exceeded 1,000 kW at least once during the most recent twelve months.

Type of Service

Service under this schedule shall be three-phase, 60 cycles, at the following voltages: 120/208 or 240/480. Motors having a rated capacity in excess of 40 horsepower must have reduced voltage starters.

Monthly Rate

Basic Facilities Charge: $ 1,000.00

Where the monthly billed demand is less than 100 kW the demand and energy charge shall be calculated using the charges and blocks directly below.

Demand Charge:

All kW $ 11.25 per kW

Energy Charges:

First 219 kWh per kW 5.72 ¢ per kWh
Next 219 kWh per kW 5.10 ¢ per kWh
All kWhs over 438 kWh per kW 4.47 ¢ per kWh

Where the monthly billed demand is 100 kW or greater the charges shall be the lower of the demand and energy charges shown above or the energy charge shown below.

Energy Charge:

All kWh 25.24 ¢ per kWh

Minimum Monthly Charge

The minimum monthly charge shall be the highest of the following charges as determined for the consumer in question:

  1. The appropriate Basic Facilities Charge as stated above, or
  2. The minimum monthly charge specified in the consumer’s contract for power.

Determination of Billing Demand

The billing demand shall be the highest of the following:

  1. The maximum kilowatt demand established for a period of 15 consecutive minutes during the month may be adjusted for power factor as provided below,
  2. Fifty (50) percent of the contract demand,
  3. The minimum billing demand that may be provided in the consumer’s power contract, or
  4. Seventy-five (75) percent of the highest billing demand was established during the preceding 11 months.

Power Factor Adjustment

The consumer agrees to maintain a unity power factor as nearly as practicable. Demand charges will be adjusted for consumers with 50 kW or more of measured demand to correct for an average power factor lower than 90 percent, and may be so adjusted for other consumers if the Cooperative deems it necessary. Such adjustments will be made by increasing the measured demand by 1 percent for each 1 percent so that the average power factor is less than 90 percent lagging.

Service at Primary Voltage

If service is furnished at primary distribution voltage, a discount of six (6) percent shall apply to the monthly bill. However, services may be metered at the secondary voltage and adjusted to primary metering by adding the estimated transformer losses to the metered kilowatt-hour and kilowatt demand.

Condition of Service

Prior to the procurement of electric motors and actual service connection thereto, the consumer shall consult with the Cooperative to verify service characteristics and agree on service conditions. The consumer shall install or have installed protective devices on all electric motors and equipment to protect same in case the supply of electricity shall fail or be interrupted, or become defective through the act of God, or the public enemy, or state, municipal, or public authority, or any other cause beyond the reasonable control of the Cooperative. The Cooperative shall not be liable for such failure, interruption, or defect.

Wholesale Power Cost Adjustment

The Cooperative’s approved Wholesale Power Cost Adjustment shall be applicable to all services supplied under this Schedule.

Sales Tax

Any applicable State and local sales taxes will be added to all services billed under this Schedule.

SCHEDULE H: – TOD Large Commercial Service – Time of Day

Availability

This schedule is available on a voluntary and limited basis, at the Cooperative’s option. This rate shall be limited to the availability of appropriate meters and will be limited further by the saturation and/or impact on the Cooperative’s electric system of consumers utilizing this Rate Schedule in a general area.

Applicability

Service under this schedule is applicable to three-phase consumers whose monthly kW demand has exceeded 1,000 kW at least once during the most recent twelve months.

Type of Service

Service under this schedule shall be three-phase, 60 cycles, at the following voltages: 120/208 or 277/480. Motors having a rated capacity of more than 40 horsepower must have reduced voltage starters

Monthly Rate

Basic Facilities Charges: $ 1,100.00 per Month

Demand Charges:

On-Peak Demand $ 16.20 per kW of On-Peak Demand
Maximum Monthly Demand $ 5.20 per kW of Off-Peak Demand

Energy Charges:

On-Peak Energy 6.80 ¢ per On-Peak kWh
Off-Peak Energy 4.49 ¢ per Off-Peak kWh

Minimum Charge

The minimum monthly charge shall be the highest of the following charges as determined for the consumer in question:

  1. The appropriate Basic Facilities Charge as stated above,
  2. $1.75 times the kVA rating of the transformer installed to meet the consumer’s load requirements, or
  3. The minimum monthly charge specified in the consumer’s contract for power.

Condition of Service

Prior to the procurement of electric motors and actual service connection thereto, the consumer shall consult with the Cooperative to verify service characteristics and agree on service conditions. The consumer shall install or have installed protective devices on all electric motors and equipment to protect same in case the supply of electricity shall fail or be interrupted, or become defective through the act of God, or the public enemy, or state, municipal, or public authority, or any other cause beyond the reasonable control of the Cooperative. The Cooperative shall not be liable for such failure, interruption, or defect.

Determination of Billing Demand

The On-Peak Billing Demand shall be the maximum kilowatt demand established by the consumer during a 15-minute interval, during on-peak hours, within the month for which the bill is rendered, as indicated or recorded by a demand meter and adjusted for power factor. The Maximum Monthly Billing Demand shall be the maximum demand established by the consumer during a 15-minute interval, during all hours, within the month for which the bill is rendered, as indicated or recorded by a demand meter and adjusted for power factor.

On-Peak and Off-Peak Periods

October 16 – April 15

On-Peak Hours: 6:00 AM to 9:00 AM, Monday – Friday
Off-Peak Hours: All other hours

April 16 – October 15

On-Peak Hours: 2:00 PM to 6:00 PM, Monday – Friday
Off-Peak Hours: All other hours

All hours of the following holidays shall be considered off-peak:

New Year’s Day, Good Friday, Fourth of July, Labor Day, Thanksgiving Day, Day after Thanksgiving Day, Christmas Eve, and Christmas Day.

Power Factor Adjustment

The consumer agrees to maintain a unity power factor as nearly as practicable. Demand charges will be adjusted for consumers with 50 kW or more of measured demand to correct for an average power factor lower than 90 percent, and may be so adjusted for other consumers if the Cooperative deems it necessary. Such adjustments will be made by increasing the measured demand by 1 percent for each 1 percent so that the average power factor is less than 90 percent lagging.

Service at Primary Voltage

If service is furnished at primary distribution voltage, a discount of six (6) percent shall apply to the monthly bill. However, services may be metered at the secondary voltage and adjusted to primary metering by adding the estimated transformer losses to the metered kilowatt-hour and kilowatt demand.

Wholesale Power Cost Adjustment

The Cooperative’s approved Wholesale Power Cost Adjustment shall be applicable to all services supplied under this Schedule.

Sales Tax

Any applicable State and local sales taxes will be added to all services billed under this Schedule.

RIDER WPCA: Wholesale Power Cost Adjustment Rideron Panel Title

Applicability

This rider is applicable to and becomes a part of all the Cooperative’s Rate Schedules and Riders, which provide for the supply of metered electric service.

Billing

The Cooperative reserves the right to implement a Wholesale Power Cost Adjustment charge at such time as the average cost of purchase power to the Cooperative deviates by 0.001 cents per kWh from the base cost of purchased power used in the design of the Cooperative’s retail Rate Schedules. The Wholesale Power Cost Adjustment (WPCA) will be applicable to all kWh billed under the Cooperative’s retail Rate Schedules and will be calculated as follows:

WPCA   =   C – B x P + D   

                 S

Where:

C = Actual purchased power costs for the most recent 6 months available plus the projected purchased power costs for the six months immediately thereafter.

B = Base cost of purchased power (6.993¢ / kWh) built into the retail rates.

P = Actual kWh purchases for the most recent 6 months available plus the projected kWh purchases for the six months immediately thereafter.

D = The total accumulated difference between the Cooperative’s WPCA charges and the purchased power posts applicable to this clause through the end of the most recent month available.

S = Actual kWh sold for the most recent 6 months available plus the projected kWh sold for the six months immediately thereafter.

RIDER REPS – 2021/22: Renewable Energy Portfolio Standard Rider

Applicability

Service under this Rider is applicable to all retail consumers of the Cooperative for the recovery of the Cooperative’s incremental costs associated with meeting their Renewable Energy Portfolio Standard (REPS) pursuant to North Carolina General Statute 62-133.8 and NCUC Rule R8-67.

This Rider is not for resale service. The provisions of the Schedule with which this Rider is used are modified only as shown herein. Service rendered under this Rider is subject to the provisions of the Cooperative’s Service Rules and Regulations on file with the state regulatory commission.

Monthly Rate

In addition to all other charges stated in the Monthly Rate of the Schedule with which this Rider is used, the following charges shall also apply:

Revenue Class REPS Rate REPS EMF Total Monthly Rate
Residential $ 0.63 ($ 0.42) $0.21
Commercial $ 3.51 ($ 2.33) $1.18
Industrial $23.38 ($15.50) $7.88

Definitions

  1. Renewable Energy Portfolio Standard (REPS) Rate – The REPS Rate shall be adjusted annually to reflect the incremental and development costs the Cooperative anticipates incurring for the upcoming year to comply with the North Carolina Renewable Energy and Energy Efficiency Portfolio Standard divided by the weighted number of consumers projected in each revenue class over the same twelve-month
  2. Renewable Energy Portfolio Standard Experience Modification Factor (REPS EMF) – The REPS EMF is a rate calculated annually to recover the difference between reasonably and prudently incurred REPS costs and REPS revenues realized during the period under

Applicable Taxes

The total charges under the Rider will be increased by applicable sales taxes imposed by any governmental authority.

RIDER RGR: Renewable Generation Rider

Availability

Service under this Rider is available only to consumers located in the Cooperative’s service territory who have qualifying facilities fueled by trash or methane derived from landfills, hog waste, poultry waste, or other renewable (wind, photovoltaic, biomass-fueled, hydro) generating facilities contracting to sell generating capacity and energy greater than 25 kW but not in excess of 500 kW, which are interconnected directly with the Cooperative’s system and which are qualifying facilities as defined by the Federal Energy Regulatory Commission pursuant to Section 210 of the Public Utility Regulatory Policies Act of 1978.

Service necessary for the delivery of the consumer’s power into the Cooperative’s system under this Rider shall be furnished solely to the individual contracting consumer in a single enterprise, located entirely on a single, contiguous premise. Service hereunder shall be restricted to the capacity of the consumer’s generating facilities which may be operated in parallel with the Cooperative’s system. Service necessary to supply the consumer’s total load requirements other than Auxiliary Load, and service necessary to supply the consumer’s Auxiliary Load when the consumer’s generating facilities are not operating, shall be billed on the applicable Schedule(s) of the Cooperative. Power delivered to the Cooperative under this Rider shall not offset or be substituted for power contracted for or which may be contracted for under any other Schedule of the Cooperative. Prior to receiving service under this Rider, the consumer must have a signed “Standard Interconnection Agreement” between the consumer and the Cooperative.

The obligations of the Cooperative in regard to service under this Rider are dependent upon its securing and retaining all necessary rights-of-way, privileges, franchises, and permits for such service. The Cooperative shall not be liable to any consumer or applicant for power in the event it is delayed in or is prevented from purchasing power by its failure to secure and retain such rights-of-way, rights, privileges, franchises, and permits. Consumers receiving service under this Rate Rider must have their renewable generation registered with the North Carolina Utilities Commission prior to connecting to the Cooperative’s system.

Character of Service

Service shall be provided at one point of delivery through a single meter at one of the following voltages. Standard service shall be single-phase, 120/240 Volts, and 60 Hz. Three-phase service may be provided where available. Where three-phase service is available, voltages may be:

208/120 Volts or 480/277 Volts, 4-Wire wye

Service at other voltages may be available, at the option of the Cooperative.

Monthly Rate

The following charges and credits will be added to the consumer’s monthly bill based on the nameplate rating of the renewable generating facility:

Supplemental Monthly Basic Facilities Charges:

Over 25 kW to 100 kW $ 7.50 per month
Over 100 kW to 500 kW $ 15.00 per month
Interconnection Facilities Charge 1: $ 5.00 per month

1 The Interconnection Facilities Charge may be increased according to the provisions of the paragraph entitled “Interconnection Facilities Charge” below.

Energy Credits: Variable Rate 5 Years Fixed
All Energy per Month: 2.82 ¢ per kWh 2.96 ¢ per kWh

Renewable Energy Certificates

Payments and/or credits for the Renewable Energy Certificates (RECs) and any environmental attributes produced as a result of the energy generated by the renewable generation shall be negotiated between the consumer and the Cooperative on a case-by-case basis, with the Cooperative having the first right of refusal. The negotiated price shall be based on the type of generation and the market for similar certificates at the time the generation comes online. Consumers receiving compensation for the RECs from the Cooperative shall not be eligible to participate in NC GreenPower’s renewable generation program.

Interconnection Facilities Charge

The consumer shall be responsible for providing suitable control and protective devices on their equipment to assure no disturbance to other consumers of the Cooperative or to the Cooperative itself, and to protect the consumer’s facilities from all loss or damage which could result from operation with the Cooperative’s system. All interconnection equipment, including control and protective devices, must meet or exceed the National Electric Code (NEC), National Electric Safety Code (NESC), and Institute of Electrical and Electronics Engineers (IEEE) Standards.

The Cooperative will furnish, install, own, and maintain and the consumer shall make an upfront contribution in aid of construction equal to the installed cost of all distribution, service, and interconnection-related facilities necessary for service under this Rider. Interconnection facilities include suitable control and protective devices installed on Cooperative equipment to allow operation of the consumer’s generating facilities; metering facilities equipped to prevent reverse registration for the measurement of service under this Rider; and any other modifications to its system required to serve the consumer under this Rider as determined by the Cooperative. All such distribution, service, and interconnection-related facilities shall be subject to a monthly Interconnection Facilities Charge equal to 1.0% times the installed cost of the required interconnection-related facilities.

The Cooperative reserves the right to install facilities necessary for the appropriate measurement of service under this Rider and to adjust the Interconnection Facilities Charge accordingly, solely at the option of the Cooperative.

Power Factor Correction

When the average monthly power factor of the power supplied by the consumer to the Cooperative is less than 97 percent or greater than 100 percent, the Cooperative may correct the energy, in kilowatt-hours, as appropriate. The Cooperative reserves the right to install facilities necessary for the measurement of power factor and to adjust the Interconnection Facilities Charge accordingly, solely at the option of the Cooperative.

Rate Updates

The Energy Credits and Supplemental Monthly Basic Facilities Charge of this Rider may be updated on an annual basis. Any changes in the Energy Credits will be based upon changes in the avoided cost of the Cooperative’s wholesale power supplier. Members who have contracted for the Fixed Long Term Credits will not be affected by updates in the Energy Credits until their rate term expires. For all Qualifying Facilities selling to the Cooperative pursuant to the Variable Credit provisions of this Rider, such credits shall be updated and changed in accordance with changes in the avoided cost of the Cooperative’s wholesale power supplier.

Definitions

Nameplate Capacity: The term “Nameplate Capacity” shall mean the maximum continuous electrical output capability of the generation at any time at a power factor of ninety-seven percent (97%).

Capacity: The term “Capacity” shall mean the Nameplate Capacity of the consumer’s generating facilities, less the portion of that capacity needed to serve the generating facilities’ Auxiliary Load.

Auxiliary Load: The term “Auxiliary Load” shall mean power used to operate auxiliary equipment in the facility necessary for power generation (such as pumps, blowers, fuel preparation machinery, and exciters).

Month: The term “Month” as used in this Rider means the period intervening between meter readings for the purposes of monthly billing, such readings being taken once per month.

Payments

Credit billings to the consumer shall be payable to the consumer within twenty-five (25) days of the date of the scheduled meter reading.

Contract Period

Each consumer shall enter into a contract that will specify the capacity of the Qualifying Facility and shall specify the initial term and the associated rate at the time the contract is executed. The initial term for consumers receiving credits under the variable rate and the five-year fixed long-term rate shall be a minimum of five (5) years.

The Cooperative reserves the right to terminate the consumer’s contract under this Rider at any time upon written notice to the consumer in the event that the consumer violates any of the terms or conditions of this Rider or operates it's generating facilities in a manner that is detrimental to the Cooperative or any of its consumers or fails to deliver energy to the Cooperative for six (6) consecutive months. In the event of early termination of a contract under this Rider, the consumer will be required to pay the Cooperative for costs due to such early termination.

Sales Tax

Any applicable State and local sales taxes will be added to all services billed under this Rider.