SEC-Fuel-Tier Adjustment

The rates are subject to be adjusted monthly by the Cooperative's projected wholesale power cost. The rates shall be adjusted by a TIER (Times Interest Earned Ratio) adjustment factor to cover wholesale power cost changes and a rate necessary to maintain TIER as set forth by the mortgage agreements between the cooperative and its approved lending agencies.

Effective November 1, 2010 -$0.00438

* This is a printer friendly version of the original page, made to save you ink and paper.

Santee Electric Cooperative - Bringing You the Power That You Need

SEC-Fuel-Tier Adjustment

The rates are subject to be adjusted monthly by the Cooperative's projected wholesale power cost. The rates shall be adjusted by a TIER (Times Interest Earned Ratio) adjustment factor to cover wholesale power cost changes and a rate necessary to maintain TIER as set forth by the mortgage agreements between the cooperative and its approved lending agencies.

Effective November 1, 2010 -$0.00438

Back to the Rate Restructuring section.