Current Rates and Rate History

2024 1Q Rates: Members to see slight increase in overall rates

Starting in January 2024, MEA members will see a slight overall increase in their rates due to a 2.5% increase in base rates and a 0.46% increase in the Cost of Power Adjustment Rate (COPA). A typical MEA member consumes approximately 652 kWh per month of electricity and can expect a total increase of about $2.24 on their monthly bill due to these first quarter rate adjustments.

The COPA rate, which primarily includes fuel and purchased power costs, is subject to RCA review and approval. The base rate component (consisting of the “energy” and “demand” charges) includes the bulk of the other costs necessary to bring power to MEA members’ homes and businesses. In 2023, the base rate did not increase three of the four quarters, and the MEA Board of Directors approved a 2.5% increase in this first quarter to account for inflationary costs and other operational increases the Association continues to encounter.

MEA may file limited base rate increases or decreases on a quarterly basis, provided the adjustments stay within certain financial parameters established by the RCA. All rates are subject to a variety of factors including member electric use, weather, inflation, and other economic factors.

2023 4Q Rates: No change in base rates, slight increase in COPA rate

Starting October 1, MEA members will see a slight overall increase in rates due to fourth quarter changes to the COPA (Cost of Power Adjustment) rate, subject to RCA review and approval. A typical MEA member consumes approximately 652 kWh per month and can expect to see an overall total increase of about $0.46 on their monthly bill due to the slight increase in the COPA rate. For the third quarter in a row, the MEA Board of Directors approved no change to base rates. The base rate component (consisting of the “energy” and “demand” charges) includes the bulk of the other costs necessary to bring power to MEA members’ homes and businesses. MEA’s total charge (including RRC and ERO charges) per kWh is about 20.3 cents (compared to 20.2 cents a year prior).

2023 3Q Rates: No change in base rates, slight decrease in COPA rate

Starting July 1, MEA members will see no change to base rates (also known as the "energy charge") as approved by the MEA Board of Directors. Also in the third quarter, the COPA component of rates, which remains subject to RCA review and approval, decreased slightly due to the receipt of certain refunds associated with both the powerpool agreement and the Bradley Lake Hydro Project offsetting cost increases in other areas included in the COPA calculation. A typical MEA member consumes approximately 652 kWh per month and can expect to see an overall decrease of about $0.04 in their monthly bill due to the decrease in the COPA rate.

2023 2Q Rates: No Change in base Rates, Slight Decrease in COPA rate

Starting April 1, MEA members will see no change to base rates (also known as the "energy charge") as approved by the MEA Board of Directors at their February Board meeting. Also in the second quarter, the COPA component of rates, which primarily recovers fuel and purchased power costs, decreased slightly by approximately 0.2%, subject to RCA review and approval. Effective April 1, MEA members will see the new Electric Reliability Organization (ERO) charge on their monthly bill. A typical MEA member consumes approximately 653 kWh per month and can expect to see an overall increase of about $0.39 (or 0.27%) on their monthly bill due to the new ERO charge. MEA may file limited increases or decreases in rates on a quarterly basis, provided the adjustments stay within certain financial parameters established by the RCA.

2023 1Q Rates: Overall Remain Unchanged

A typical MEA member consumes approximately 673 kWh of electricity per month and can expect to see roughly no change to their monthly bill due to first quarter rate revisions in 2023. MEA’s Cost of Power Adjustment (COPA) is decreasing by 4.45% from the previous quarter, which is subject to RCA review and approval. The COPA decrease is being offset by a 2.5% increase in base rates, which took effect January 1,2023, and was approved by the RCA. MEA’s Board of Directors voted to increase base rates in the first quarter of 2023 by 2.5% due to inflationary increases to the cost of bringing power to members’ homes and businesses. MEA's rates are evaluated quarterly, and rate changes must be submitted by our Board of Directors and approved by the RCA.

View MEA's Current Quarter Rate Sheet (.pdf)

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Overall Rate Increase

in Q1 of 2024

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Overall Rate Incease

in Q4 of 2023

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Overall Rate Decrease

in Q3 of 2023

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Overall Rate Decrease

in Q2 of 2023

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