2010 Electric Rate Summary

Information: 962-2111

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Rates maintain in 2010, still below 1984 level

 

  Residential customers

  • In 2010, residential customers pay 6.314 cents per kilowatt-hour (kWh), which is still below the 1984 cost of 6.55 cents per kWh. The monthly base charge was increased to $5.24.
  • In 1984, the cost of electricity for residents in Loveland was 6.55 cents per kilowatt-hour with a $3.50 monthly charge.

  Small Businesses

  • Small business owners and other commercial customers have competitive rates compared to neighboring electric utilities.

  Large Commercial and Industrial Customers  

  • Electric rates and demand charges for large commercial and industrial customers are competitive with surrounding utilities. Because of variations between energy use and demand, each industrial customer must be benchmarked individually.

  2010 Schedule of Rates, Fees and Charges (pdf; 419 KB)

  • This pdf file contains the complete details for all rates and charges as approved by the City Council on October 20, 2009.




 
City of Loveland Water and Power Department
Summary of Electric Rates
Effective January 1, 2010
Type of Service Base Charge Cost per kWh* Cost per kW* PILT per kWh*  PIF per kWh*
Residential

$5.24

$0.06314

---

$0.00424

 See below
Residential Demand

$12.59

$0.02133

$8.02

$0.00310

See below
Small General Service

$9.18

$0.05947

---

$0.00388 

 

$0.00473
Large General
Service, over 50 kW

$57.68

$0.02674

$10.49

$0.00329

 

$0.00473
Primary Service

(Schedule PS)

$57.68

$0.02727

$9.96

$0.00275

 

$0.00459
Primary Service**

$57.68

$0.02727

$9.49

$0.00275

 

$0.00459
Primary Service
over 4,000 kW**

$57.68

$0.02378

$12.13

$0.00314

 

$0.00459

Interruptible Service By contract. Contact the Customer Relations at 970-962-3710.
Renewable Energy Premium Available to all customers for an additional $2.20 per 100 kWh block purchased each month.

*kWh = kilowatt-hour, kW = kilowatt
** Customer owns transformers and other electrical equipment.

 

Plant Investment Fees

Residential Service  
  Residential over 150 amp service $1,500
  Residential 150 amp service or less $1,160
Non-Residential per kWh  
  Small General Service $0.00473
  Large General Service $0.00473
  Primary Service $0.00459
  Primary Service w/ Customer Equipment $0.00459
  Primary Service over 4,000 kW with customer equipment $0.00459

Table Notes

  • The base charge is the minimum a customer will be billed each month for electric service and covers the fixed administrative costs for all customers purchasing electricity.
  • The cost per kilowatt-hour (kWh) reflects the cost of wholesale power and distribution system maintenance.
  • The cost per kilowatt (kW) applies to customers on the demand rate. Commercial customers with a demand that exceeds 50 kW, must buy power on the demand rate. On this rate, there is a charge for the kilowatt-hours of electricity used and a charge for the highest metered demand each month.
  • Payment-in-lieu of taxes (PILT) is not a new fee, but is being separated out in preparation for a deregulated electricity marketplace. The PILT funds are paid by the electric utility to the City's general fund.
  • The Plant Investment Fee (PIF) is a capacity charge that is allocated to expanding the electric distribution system to meet community growth. Commercial customers do not pay PIF charges for connecting to the electric system, but pay perpetually on all kilowatt-hours used. When applying for a building permit, residential customers pay a one-time charge to cover the PIF charges.

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© 2010, City of Loveland, Colorado