Schedule IPS-HLF

Industrial Power Service – HLF

Availability

Available in all territory served by the Corporation, Subject to the Corporation’s Service Rules and Regulations.

Applicability

Applicable to consumers supplied at a single location who meet the following requirements for service:

  1. The consumer’s monthly maximum demands must be at least 500 kW.
  2. The consumer’s monthly billing load factor must be at least 45 percent.
  3. Intended for large industrial accounts with multiple shift operations.

Type of Service

The type of service rendered under this schedule will be alternating current, 60 hertz, single phase, or three phase, secondary voltage of approximately either 120 volts, 208 volts, 240 volts, 277 volts, or 480 volts, as requested.

Monthly Rate
Integrated Distribution Service
Monthly Service Fee @: $105.00 per month
Demand Charge:
All kW of billing demand @
$21.67 per kW
Energy Charge:
On-Peak $.05873 per kWh
Off-Peak
Tracking clause applicable to all kWh
$.04278 per kWh
Appendix A

Billing Demand

Billing Demand shall be the highest fixed 30 minute demand during the On-Peak Hours of the month expressed in kilowatts, but in no event less than 75% of the highest billing demand used in any of the preceding 11 months, or 500 kilowatts, whichever is greatest.  On-Peak Hours are defined as those hours from 7:00 a.m. to 11:00 p.m., EST daily.

Power Factor

The consumer agrees to maintain unity power factor as nearly as practicable. The Corporation reserves the right to measure such power factor at any time. If the power factor (leading or lagging) at the time of the maximum monthly demand is determined to be less than 97%, the maximum monthly demand shall be adjusted separately by multiplying the maximum monthly demand by the ratio of the current target power factor percent (97%) and the measured actual power factor percent at the time of the maximum monthly demand.

Energy

On-Peak energy for the months of June through August shall be all kilowatt-hours used during the period 11:00 a.m. to 9:00 p.m., EST – Monday through Friday.

On-Peak energy for the months of December through February shall be all kilowatt-hours during the period 7:00 a.m. to 10:00 a.m. and 6:00 p.m. to 9:00 p.m., EST, Monday through Friday.

Off-Peak energy shall be all kilowatt-hours used during all hours other than on-peak hours.

Minimum Monthly Charge

The minimum monthly charge shall be the greatest of:

  • A charge of $1.00 per kVA of required transformer capacity.
  • The contract minimum.
  • The applicable facilities charge, if any, plus the customer charge and demand charge.

Late Payment Charge

The above rates are net. In the event the current monthly bill is not paid within seventeen (17) days from the date of the bill, a late payment charge of 5 percent of the net billing will be assessed. When the seventeenth (17th) day falls on Saturday, Sunday, or any other observed holiday, the first (1st) business day thereafter shall be deemed the seventeenth (17th) day.

 

Distribution Facilities Charge

a) Fully Dedicated Distribution Service:

The distribution facilities charge of 1.90 percent (overhead facilities/30 year life) and/or 2.06 percent (underground facilities/20 year life)  per month shall apply to the Corporation’s total dollar investment in distribution facilities, excluding metering equipment, which are dedicated to providing retail electric service to the consumer. The Corporation may require a contribution in aid of construction for all or part of the investment in facilities in which case the facilities charge applicable to the dollars of investment covered by the contribution shall be 1.18 percent (overhead facilities/30 year life) and/or 1.29 percent (underground facilities/20 year life).

b) Integrated Distribution Service:

The demand and energy charges of the Monthly Rate are based upon normal service from the Corporation’s distribution system at a primary distribution voltage. Upon request by consumer, secondary service will be provided in which case the facilities charge of 1.90 percent (overhead facilities/30 year life) and/or 2.06 percent (underground facilities/20 year life)  shall apply to the total dollar investment in transformers and transformation equipment, and all secondary service facilities except metering equipment which are installed to provide secondary distribution service to the consumer.

The Corporation may also apply the facilities charge to the dollars of investment in primary facilities requested by the consumer which are in excess of those normally provided.

A contribution in aide of construction may be required for all or a part of the direct investment in primary or secondary facilities in which case the facilities charge applicable to the dollars of investment covered by the contribution shall be 1.18 percent (overhead facilities/30 year life) and/or 1.29 percent (underground facilities/20 year life).

Changes to the Distribution Facilities Charge

The Corporation may revise the Distribution Facilities Charge percentage from time-to-time to reflect current level costs subject to approval of the Corporation’s board of directors.

Other Wholesale Charges and Adjustments

In addition to the base wholesale demand and energy charges which are included in the demand and energy charges of the Monthly Rate, the consumer shall pay all other charges billed the Corporation by Hoosier Energy.

Terms and Conditions of Service

  1. The applicant will be required to give satisfactory assurance by means of a written agreement as to the character, amount, and duration of the business offered.
  2. In general, individual motors rated in excess of twenty (20) horsepower must be three-phase.
  3. Any transformers and regulation equipment which may be required for incidental lighting shall be furnished by the consumer.

Fuel Cost Adjustment

The above rates are subject to a fuel adjustment clause as defined in Appendix “A”.

Approved March 1, 2018 by the board of directors for effective date April 1, 2018.