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Notice of Public Hearing June 25: Electric Rate Revisions

Rate Plan Fact Sheet Cover for WEB v2
Notice of Public Hearing

We have created a Rate Plan Fact Sheet to educate and inform customers about the proposed electric rate increases, the impact on customers and why a rate increase is needed. Click here or on the image at right to print/download the Rate Plan Fact Sheet.

Presentation to the Board of Aldermen PDF (May 22, 2024 Budget Work Session)
Video of May 22, 2024 Budget Work Session (timecode 52:28)
Analysis Report by Utility Financial Solutions PDF 

TAKE NOTICE THAT
the Board of Aldermen of the City of New Bern will conduct a public hearing on June 25, 2024, in the City Hall Courtroom located at 300 Pollock Street in the City of New Bern at 6:00 p.m., or as soon thereafter as the matter may be reached, on the question of adopting revisions to its electricity rate schedules, to include a Power Cost Adjustment Rider and Under Collected Revenue Adjustment Rider, and adding rates, fees and charges to reflect a three-year rate plan with 5% increases in Fiscal Years 2025-2027. The proposed rates are as follows:

Residential- Schedule 01   7/1/2024    Residential – Schedule 07    7/1/2024       Small General Service #1 – Schedule 03   7/1/2024   
Customer Charge (per month)  $12.00     Customer Charge (per month) $12.00   Customer Charge (per month)    $25.00
Energy Charge (per kWh) First 300 kWh   $0.1060   Energy Charge (per kWh) First 300 kWh $0.1007  Energy Charge (per kWh) First 2325 kWh  $0.1264 
Energy Charge (per kWh) All additional kWh $0.1217 Energy Charge (per kWh) All additional kWh $0.1156  Energy Charge (per kWh) Next 1000 kWh  $0.1010
Three Phase Charge $14.35 Three Phase Charge      $14.35  Energy Charge (per kWh) All over 3325 kWh  $0.0900
(in addition to Customer Charge, if applicable)
  (in addition to Customer Charge, if applicable)   Three Phase Charge $14.35    
        (in addition to Customer Charge, if applicable)  

            

Small General Service #2 – Schedule 04  7/1/2024   Economic Development Rate #5    7/1/2024   Large General Service #1 CP – Schedule 13    7/1/2024  
Customer Charge (per month) $25.00 Customer Charge (per month) $205.00 Customer Charge (per month) $175.00
Demand Charge (per kW) $3.00  Coincidental Peak Demand Charge (per kW)     $27.00  Coincidental Peak Demand Charge (per kW) $27.00
Energy Charge (per kWh) First 2325 kWh $0.1030 Excess Demand Charge (per kW) $6.00  Excess Demand Charge (per kW) $6.00 
Energy Charge (per kWh) Next 1000 kWh $0.0973 Energy Charge (per kWh)  $0.0445 Energy Charger (per kWh) $0.0568
Energy Charge (per kWh) All over 3325 kWh $0.0904        
Three Phase Charge $14.35        
(in addition to Customer Charge, if applicable)          

 

Commercial Electric Vehicle Charging Station
CP – Schedule 14
    7/1/2024
  Utility Owned Electric Vehicle Charging Station –
Schedule 15
  7/1/2024
  Medium General Service #1 –
Schedule 08
      7/1/2024
 
Customer Charge (per month)  $175.00 Active Energy Charge (per kWh) Load Factor <10% $0.7100 Customer Charge (per month)  $27.00
Coincidental Peak Demand Charge (per kW) $27.00 Active Energy Charge (per kWh) 10%< Load Factor <20% $0.4900 Demand Charge (per kW) $9.00  
Excess Demand Charge (per kW) $6.00 Active Energy Charge (per kWh) Load Factor >20% $0.4000 Energy Charge (per kWh) $0.0863
Energy Charge (per kWh) Load Factor </-10% $0.1018 In Active Charging Charge (per minute)  $0.1800 Three Phase Charge $14.35
Energy Charge (per kWh) 10%< Load Factor <20% $0.0793     (in addition to Customer Charge, if applicable)  
Energy Charge (per kWh) Load Factor >20% $0.0568        

 

Small Wholesale – Schedule 09   
7/1/2024
   Large General Service #2 CP – Schedule 06   
7/1/2024
  Medium General Service #2 – Schedule 10  
7/1/2024
 
Customer Charge (per month)  $27.00 Customer Charge (per month)  $1,250.00 Customer Charge (per month) $27.00
Demand Charge (per kW) $7.00 Coincidental Peak Demand Charge (per kW) First 3200 kW $27.00 Demand Charge (per kW) $9.75 
Energy Charge (per kWh) $0.0870 Demand Charge (per kW) All Additional kW $27.00   Energy Charge (per kWh)    $0.0829
Three Phase Charge $14.35 Excess Demand Charge (per kW) $6.00  Three Phase Charge $14.35    
(in addition to Customer Charge, if applicable)   Energy Charge (per kWh) First 1,700,000 kWh $0.0529 (in addition to Customer Charge, if applicable)  
    Energy Charge (per kWh) All additional kWh   $0.0445    

 

Medium General Service TOU – Schedule 11   7/1/2024   Medium General Service CP – Schedule 12 
7/1/2024
  Residential – Schedule 40   
7/1/2024
 
Customer Charge (per month) $60.00 Customer Charge (per month) $90.00 Customer Charge (per month)  $12.00
On Peak Demand Charge (per kW) $27.00 Coincidental Peak Demand Charge (per kW) $27.00 Energy Charge (per kWh) First 300 kWh $0.1060
Excess Demand Charge (per kW) $6.00 Excess Demand Charge (per kW) $6.00 Energy Charge (per kWh) 300 kWh to 800 kWh $0.1217
Energy Charge (per kWh)  $0.0606  Energy Charge (per kWh) $0.0607 Energy Charge (per kWh) All additional kWh $0.1026   
        Three Phase Charge $14.35  
        (in addition to customer charge, if applicable)  

 

Residential – Schedule 50 
7/1/2024
  Extra Facilities Charge Generation – Schedule 70  7/1/2024   Renewable Resource Facilities Credit – Schedule 60    7/1/2024  
Customer Charge (per month) $12.00 Facilities Charge (per kW) based $2.96 Energy Credit (per kW generated) $0.0487 
Energy Charge (per kWh) First 300 kWh $0.1007 on Generator Nameplate Rating      
Energy Charge (per kWh) 300 kWh to 800 kWh $0.1156        
Energy Charge (per kWh) All additional kWh $0.0940         
Three Phase Charge  $14.35        
(in addition to customer charge, if applicable)          

 

Commercial/Industrial Load Profiler Data Service – Schedule LPDS   7/1/2024   Unmetered Service – Schedule UMS
7/1/2024
     
Set Up Fee $157.50 Customer Charge (per month) $25.00    
Day After Data Service Charge (per month) $42.50 Wattage Rating of 10w or less $.95    
Same Day Hourly Data Service Charge (per month) $94.50 Wattage Rating of 11w but not greater than 50w $2.00    
    Wattage Rating of 51w but not greater than 100w $3.99    
           

 

Area Lighting – Schedule 04   7/1/2024       Area Lighting – Schedule 04   7/1/2024     
Overhead Service   Underground Service  
Mercury Vapor (Obsolete – Not available for new or replacement)   Area Lighting Poles    
175 w semi enclosed (per month) $11.95    Wood per pole (per month) $3.10 
175w (per month) $13.95 Special Metal or Fiberglass per pole (per month) $7.30
1000w Flood (per month) $46.85 Underground Service     
Sodium Vapor (Obsolete – Not available for new or replacement)   One Time Contribution $258.84
100w (per month) $15.90 Increase per pole (per month)  $5.15
150w (per month) $19.70    
250w Flood (per month) $22.40    
400w Flood (per month) $34.80    
Metal Halide (Obsolete – Not available for new or replacement)       
Cobra Head 500w (per month)    $34.80    
1000w Flood (per month) $46.85     
LED       
50w (per month) $19.70    
300w Flood (per month) $34.80    

 

Street Lighting Service – Schedule 32-A  7/1/2024   Street Lighting Service – Schedule 32-B (Residential Subdivision) 7/1/2024  
Mercury Vapor (Obsolete not available for new or replacement)   Overhead Distribution Area  
175w (per month)  $8.85 Bracket mounted, enclosed luminaire on approved wood pole 1 light  
Metal Halide (Obsolete not available for new or replacement)     Per 10 customers or major fraction thereof      
400w Flood (per month) $13.85 7,000 lumen Mercury Vapor (per customer) $1.54
1000w Flood (per month) $15.20 9,500 lumen Mercury Vapor (per customer) $1.54
Sodium Vapor (Obsolete not available for new or replacement)    1 light per 5 customers or major fraction thereof   
100w (per month)  $8.20 7,000 lumen Mercury Vapor (per customer) $3.09
150w (per month)  $8.85 9,500 lumen Sodium Vapor (per customer) $3.09
250w (per month) $11.30 Underground Distribution Area  
400w (per month) $13.85  Bracket mounted, enclosed luminaire on approved wood pole 1 light   
LED      Per 10 customers or major fraction thereof  
39w – Acorn (per month) $19.75 7,000 lumen Mercury Vapor (per customer) $2.19
70w – Cobra (per month) $13.10 9,500 lumen Mercury Vapor (per customer)   $2.19 
110w – Town & Country (per month) $18.50 1 light per 5 customers or major fraction thereof   
160w – Gardco (per month) $40.80 7,000 lumen Mercury Vapor (per customer) $4.40
    9,500 lumen Mercury Vapor (per customer)  $4.40
    Bracket mounted, enclosed luminaries on standard metal pole  
    1 light per 10 customers or major fraction thereof   
    7,000 lumen Mercury Vapor (per customer) $2.50 
    9,500 lumen Sodium Vapor (per customer) $2.50
    1 light per 6 customers or major fraction thereof   
    7,000 lumen Mercury Vapor (per customer) $4.20
    Approved post mounted type luminaries      
    1 light per 10 customers or major fraction thereof   
    7,000 lumen Mercury Vapor (per customer) $2.50
    9,500 lumen Sodium Vapor (per customer) $2.50
    1 light per 6 customers or major fraction thereof  
    7,000 lumen Mercury Vapor (per customer) $4.20
    9,5000 lumen Sodium Vapor (per customer) $4.20

 
  

Street Lighting Service – Schedule 32-C 7/1/2024  
Sodium Vapor  
150w (per month)  $8.85
400w (per month) $13.85
400w Flood (per month) $15.20
Hight Pressure Sodium  
250w (per month) $11.30

 
Each rate will increase 5% of the proceeding annual rate effective July 1, 2025, and July 1, 2026. All interested parties will be given an opportunity to be heard.