Power Cost Adjustment

customers bill with yellow borderFollowing the recommendations of a rate study by consultants Black and Veatch, the Paducah Electric Plant Board last April voted to implement new rates which included a Power Cost Adjustment (PCA) that was to be applied to bills beginning in the final quarter of 2013.  The PCA rises or falls, based on the fluctuations associated with buying wholesale power.  It is reviewed and adjusted quarterly.  For the first three months, November through January, the board reduced the actual amount of PCA needed to adequately cover costs.   The newly calculated PCA, which began February 1st, was not reduced and amounts to .0359 cents per kilowatt hour.  The change became noticeable on the bills customers received in February.  For more details, please watch this video.


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