- SMECO’s Standard Offer Service (SOS) rate is the cost you pay for power. SMECO provides electricity to customer-members at cost, with no markup.
- SMECO does not generate electricity; the Co-op purchases power on behalf of its customer-members.
- SMECO is a non-profit cooperative, committed to delivering electricity at the lowest possible price.
You pay only for the energy you use. On your monthly SMECO bill look under “Standard Offer Service” to see the amount you pay for energy.
Residential Standard Offer Service Rates:
On your bill, the Energy Charge is the base SOS rate.
|Season||Energy Charge (per kWh)|
|Summer (5 months) May—September||$0.0621|
|Winter (7 months) October—April||$0.0674|
|Average annual base SOS rate||$0.0652|
The total SOS rate includes the Power Cost Adjustment (PCA). The PCA is sometimes a charge and sometimes a credit. Add the base SOS rate with the PCA to get the total SOS rate (your price to compare for electricity supply). 6.21 - 0.4696 = 5.7404 cents per kWh.
For July 2020:
|Base SOS Rate
(charge for July)
|Total SOS Rate
(price to compare)
SMECO’s Price to Compare is made up of the Standard Offer Service (SOS) Energy Charge and the Power Cost Adjustment.
When comparing prices for energy supply, do not use your total bill because it includes distribution service charges and regulatory, state, and local taxes (items that SMECO will bill you for whether you purchase power from SMECO or another power supplier).
To compare rates, it will be helpful to know the amount of energy you use. That information is printed on your monthly bill. Use the Price to Compare and your monthly usage to see how your current price for electric supply compares with the prices offered by other suppliers.
Price to Compare Calculator:
Use the Calculator below to estimate your energy charges, based on the rates in effect as of July 1, 2020.
The amounts shown are to help you compare electric supply prices. They do not represent your total SMECO bill. The calculator is intended to be used for illustration purposes only. SMECO is not responsible for any errors that may result from using this calculator.
|Price to Compare Calculator|
|Type of Service|
|Your average price to compare
|The amounts shown reflect the Power Cost Adjustment for the current month. Sometimes the Power Cost Adjustment is a charge; sometimes it’s a credit.
For General Service - Demand customers, SMECO gives a discount of 5 percent if the customer owns, installs, and maintains all transforming and protective equipment.
Try our Residential Bill Calculator that includes all the charges on your bill.
Examples of Costs for Different Customers:
The tables below show SMECO’s current rates. Remember, your electric bill is based on the amount of energy you use. Some customers use more; some use less.
Price to Compare - Total SOS Rate - $0.057404
|Monthly kWh usage||July2020|
General Service Non-Demand - Commercial:
Price to Compare - Total SOS Rate - $0.058261
|Monthly kWh usage||July 2020|
General Service Demand - Commercial:
Price to Compare - Total SOS Rate - $0.052211
The Price to Compare is based on 50 kW and 18,500 kWh, which is the average usage for General Service Demand customers.
The rate per kWh is a tiered rate which changes based on usage (kWh) and demand (kW).
|Monthly kWh usage||Monthly kW demand||July 2020|
Customers who choose an alternate supplier may also choose from two billing options:
- Consolidated bill - A single bill from SMECO that includes charges from SMECO and the alternate supplier.
- Dual billing - Two separate bills, one from SMECO and one from the alternate supplier.