SOUTHEASTERN INDIANA RURAL ELECTRIC MEMBERSHIP CORPORATION
POST OFFICE BOX 196, OSGOOD, INDIANA 47037
ECONOMIC DEVELOPMENT RATE NO. 4
This tariff is available for service to
each member consumer of
Southeastern Indiana REMC (Cooperative) that contracts after the
effective date of this tariff for new and/or expanded service.
This tariff is offered in conjunction with Hoosier Energy’s
Economic Development Rate No. 4 and with Hoosier Energy’s
Standard Wholesale Tariff.
The availability of this tariff is limited to an aggregate amount
100mw demand for the entire Hoosier Energy system. (Excluding
the aggregate demand from Economic Development
Rate Nos. 1,2 and 3).
Southeastern Indiana REMC shall provide this retail service to
qualifying member-consumers for new or expanded electric power
customers that meet the following conditions:
1. The new or expanded electric power service of any such retail customer must be contracted for between the customer, Southeastern Indiana REMC and Hoosier Energy for a time period of 5 to 10 years from the start date specified in the contract. The start date shall not be later than December 31, 2002.
2. The new or expanded electric power service load measures at least 500 kW monthly non-coincident maximum demand (measured over a 30 minute interval) for at least six months of any contract year. Expanded electric power service is in addition to the load utilized by the retail customer prior to such expansion and shall be metered be metered separately to assure compliance with this condition.
3. The retail customer shall certify to Southeastern Indiana REMC and Hoosier Energy that the new or expanded power service meets two of the following criteria:
a) Results in the creation of a minimum of five full-time equivalent jobs.
b) Pays an average wage above the average County wage.
c) Selected location is in an area with an unemployment rate higher than the State average unemployment rate.
d) Selected site requires some form of environmental reclamation, or represents re-use of an existing industrial site where the former industry has ceased operations, or the new or expanded service replaces internal combustion engines thereby reducing air emissions.
e) Improves Hoosier Energy’s load factor or the load factor of Southeastern Indiana REMC
f) Receives commitment of federal, state or local incentives, including sewer lines, water lines, road improvements and/or other infrastructure investment.
g) The retail customer provides documentation that without EDR No. 4, it would be financially advantageous for the retail customer to build the proposed new facility elsewhere.
Southeastern Indiana REMC and Hoosier Energy have the final determination of whether the retail customer meets the above criteria. Documentation of compliance with the above criteria shall be the retail customer’s responsibility.
C. Monthly Rate C. Monthly Rate
Demand Charge: Equal
to the non-coincident Demand
Charge of Hoosier
Economic Development Rate No. 4, discounted as
follows, times the Billing Demand:
|Term of Average Total Maximum|
|Service Annual Cumulative Annual|
|(years) Discount Discount Discount|
|5 5% 25% 25%|
|6 6% 36% 30%|
|7 7% 49% 30%|
|8 8% 64% 30%|
|9 9% 81% 30%|
|10 10% 100% 30%|
The Total Cumulative Discount is the product of the Term of Service and the Average Annual Discount. The Total Cumulative Discount may be utilized in
any pattern through the years of the contract term as long as the Maximum Annual Discount is not exceeded.
contract between the qualifying retail customer, Southeastern Indiana
REMC, and Hoosier Energy shall specify the demand charge discount
for each year of the contract.
Energy Charge: Standard Energy Charge (as defined in this tariff)
0.50 per kW of billing Demand
2 mils per kWh for all kWh usage
D. Determination of Billing Demand
The Billing Demand shall be the highest consecutive 30 minute kilowatt demand occurring between the hours of 7:00 am to 11:00 pm EST, or 500 kW, whichever is greater. For the first six contract months, the Billing Demand shall be the highest
consecutive 30 minute kilowatt demand occurring between the hours of 7:00 am to 11:00 pm EST.
E. Standard Energy Charge
Standard Energy Charge shall be defined as the energy charge of the Standard Wholesale Tariff then in effect and approved for service to Southeastern REMC.
F. Facilities Cost
Customers requesting facilities in addition to those normally provided may be required to pay Southeastern Indiana REMC and Hoosier Energy either a contribution-in-aid-of-construction equal to the cost of the additional facilities or the monthly carrying charge of such cost, whichever is mutually agreed upon and specified in the contract.
G. Rate and Fuel Cost Adjustment
The Energy Charge shall be adjusted by the fuel cost adjustment as defined in Appendix B.
H. Power Factor Adjustment
If the average power factor for the month is determined to be less than 93 percent, the Billing Demand shall be adjusted by multiplying the Billing Demand by 93 percent and dividing the product by the measured average power factor.
I. Prospective OnlyThis rate shall be applicable only to new and expanded service
Schedule A-5 - residential electric service rate
Schedule B-5 - small commercial electric rate/without demand
Schedule BD-5 - small commercial electric rate with demand
Schedule C-5 - large power service
Schedule SL - security lighting service
Schedule EDR4 Economic Development Rate NO. 4
Schedule GP Green Power
SCHEDULE IIP - 1 Interruptible Power Service
SCHEDULE IP - 1 Industrial Power Service
SCHEDULE IPS - 1 Industrial Power Service