It's easy to calculate how residential rates will increase with the new cost of power adjustment. The COPA is 43 cents per kilowatt-hour, so the total rate will be 56 cents - five times the base rate.
But the proportion businesses' bills will increase is trickier to figure out, because many businesses pay one rate for the actual kilowatt-hours and another for the biggest load they put on the system.
In the end, the Empire's bill will quintuple. Here's how we figured it out: (see illustration)
© 2018. All Rights Reserved. | Contact Us