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2013 Electric Rates, Commercial and Residential 

 

Residential Rates
Residential 3-tiered rate	Discounts: Residential life support and low-income senior and disabled
Residential Rates	Rate options for all electric homes
Summary of electric rates	Rate comparison to Colorado
Renewable energy	Residential self generation rate
Click here to download a brochure on LPC's residential rates

Commercial Rates
Commercial Rates	Renewable energy
Summary of electric rates	Rate comparison to Colorado
Commercial self generation rate

 

LPC rate comparison to Colorado

In 2013, LPC rates continue to be lower than the average electric rates of nearby utilities.* This year, LPC’s residential customers are paying 33% less than the average electric rate in Colorado. In addition, both our small and large commercial customers are paying 26% less and our industrial customers are paying 28% less than other Colorado utilities charge, on average.

2013 LPC rates also compare favorably to the average rates of neighboring utilities. Residential customers are paying 36% less than the average and small commercial customers are paying 18% less. LPC’s large commercial and industrial customers are paying 39% and 32% less respectively.

* Data is based on a Colorado Association of Municipal Utilities January 2013 survey

Residential 3-tiered rate

The Residential Energy rate structure provides savings to customers as they decrease their electric usage. Although our typipcal customer's entire usage often falls into the first tier, if a customer uses 1,750 kWh in a month, their bill looks like this:

 

Tier 1	750 kWh @ 7.13 ¢	=	$53.47
Tier 2	750 kWh @ 7.81¢	=	$58.57
Tier 3	250 kWh @ 8.78 ¢	=	$21.95
	Monthly service fee		$10.40
	Total electric bill		$144.39

A Residential Demand rate is available to customers with higher levels of electric use. See information on our Residential Demand Rate for more details

This information is a summary of residential rates. For more information, read LPC's complete description of Rates & Regulations Governing Electric Service.

Discount for low-income senior and disabled

A $4 monthly discount on electric bills for qualifying low-income senior and disabled customers reduces the impact of rising electricity costs. To be eligible for the discount you must:

• Be an LPC electric customer
• Have filed Form PTC104 with the Colorado Division of Revenue Form and been approved
• Reapply with the Colorado Department of Revenue and the City of Longmont every calendar year
• Access a printable application, which includes instructions for receiving the discount.

Discount for residential life support

Residential customers who require medical life support equipment in their homes receive a 20% Life Support Discount:

• You must be an LPC residential customer
• The discount applies to the first 750 kWh of electricity used
• Customers are required to complete an application, which includes certification from a licensed physician, every calendar year
• Access a printable application, which includes instructions for receiving the discount

Residential Demand Rate

Residential electric customers who use electricity as a primary or secondary source of heating, or whose annual energy use exceeds 15,000 kWh, are eligible for the Residential Demand rate. The rate includes three components:

• An energy rate of 3.25 cents per kWh of electricity used each month
• A demand rate of $8.35 per kW of maximum electric demand each month
• A monthly $15.40 customer charge

A request for this rate must be made to LPC in writing. Customers who elect to receive this rate must remain on it for a minimum of 12 consecutive months.