Residential Third Block Rate Change Effective June 14, 2002
Description of Decrease
Effective June 14, 2002, the third block energy rates were decreased for all residential classes. At the same time, the level of consumption that must be reached before third block rates are charged was increased; i.e., customers can now consume more energy in both summer and winter before the third block charge is activated. The customer classes affected are:
Standard Residential - City and Suburban (Schedules RSC and RSS)
Low-Income Residential - City and Suburban (Schedules REC/RLC and RES/RLS)
The changes are summarized below.
Old 3rd Block ¢/kWh
New 3rd Block ¢/kWh
REC/RLC (Low Income-City)
RES/RLS (Low Income-Suburban)
Energy consumption level at which third-block rate is charged:
Old 3rd Block kWh
New 3rd Block kWh
These changes were made:
Because wholesale energy market prices have returned to lower, more reasonable levels than where they were when the higher rates were implemented.
To mitigate hardships caused by high bills for some customers, while still maintaining a strong conservation price signal for a small number of extremely high energy consumers.