Our Single Phase Service Rate is available to farm and home member-consumers for all farm and home uses. It is also available for commercial, industrial and temporary services for all uses including lighting, heating and power.
Current rates are:
• Facility Charge of $21.50
• First 300 kWh per month @ $0.145 per kWh
• Next 200 kWh per month @ $0.098 per kWh
• Over 500 kWh per month @ $0.081 per kWh
The minimum bill is $21.50 per month plus appropriate taxes and franchise fees.
In addition, North West REC is able to offer some reduced rates in special circumstances. Electric heating, cooling and water heating usage all qualify for the lower rate. Increased use of electric energy has helped stabilize rates for all REC members. The improved load factor gives an economical advantage to, and a more efficient use of, our entire system.
The Electric Heat Partial Control Rate is applicable for homes and buildings that have electric heat as their primary heat source without any backup heat source.
• Facility Charge of $2.50
• All-Electric Heat Rate: $.063 per KWh per month for all KWh sold for heating, cooling and water heater usage.
The Interruptible Electric Heat Rate is applicable for homes and buildings that have electric heat as their primary heat source and agree to have a load management switch installed.
• There is a facility Charge of $2.50
• The rate is $.049 per KWh per month for all KWh sold for heating, cooling and water heater usage.
Commerical & Industrial Rates
Rate 42 (3-Phase Energy)
- Facility Charge: $75/month
- First 4,000 kWh per month @ $0.105 per kWh
- Over 4,000 kWh per month @ $0.081 per kWh
Rate 40 (3-Phase Demand & Energy)
- Facility Charge: $75/month
- All kWh @ $0.044 per kWh
- Non-Coin. kW Demand @ $12.90 per kW
The PCA is a separate line item on each North West REC (NWREC) electric bill which reflects the increases/decreases in the Cooperative’s cost of power purchased wholesale from Northwest Iowa Power Cooperative (NIPCO). The cost of the purchased power now represents over 80% of your Cooperative’s operating expenses. NWREC has been using the PCA since April, 2010, due to the monthly and annual fluctuations we are seeing in purchased power costs. It is a method of either collecting from or returning to the members the difference in wholesale purchased power costs compared to the base wholesale rate that was used to establish the current electric rate.
NWREC’s base electric rates became effective June 1, 2015.
The PCA factor for 2021 is 1.2 mills (12/100 of a cent) per kilowatt hour.**
**Due to a bill credit that North West REC has received from our power supplier, we will be reducing our power cost adjustment (PCA) on our members monthly electric bills from 1.2 mills to 0 mills starting on the September 2021 bills (Sept billing run on Oct 18th, 2021). This will apply for the balance of 2021 (Sept-Dec) and all of 2022.