Bullhead City, AZ – Mohave Electric Cooperative (MEC) has applied to the Arizona Corporation Commission (ACC) for a rate case to bring their margins back to the required levels while recovering past expenditures and continuing to ensure resources for load growth and reliability.
These expenditures are made up of $45 million dollars in capital improvements for load growth and reliability over the last 10 years, as well as $2.9 million dollars in cyber security and IT programs to keep members’ information confidential, and $6.9 million dollars in solar generation projects from MEC’s owned distributed network.
Several fixed costs, currently subsidized by energy rates, are being moved more appropriately to the customer charge. MEC proposes an increase of $5.56 to the residential customer charge while decreasing energy rates as much as 10% per kilowatt-hour (kWh). In fact, while some members may see about a $6 increase in their bill, most members will have a lower overall bill, offset by the lower energy rates. These rate adjustments will not take effect until after the ACC reviews and approves the changes, approximately Spring 2023. MEC will be holding multiple town hall meetings to answer any member questions.