Rates
Northeastern's objective is to provide safe and reliable electric service to its members. Our rate structure reflects the cooperative's delivery and power supply costs. As a not-for-profit electric cooperative, any profits are returned to Northeastern members through Capital Credits.
Click below to view the different rates available to members.
Important information for commercial rates. Most commercial rates are reviewed on a case-by-case basis. If you have questions about the specific commercial rate for your business, please contact us.
Residential Energy Charges:
1-500 kWh = $.113031/kWh
Over 500 kWh = $0.094297/kWh
Service Charge: $25.00
Example of Residential Rates
Most homes have a single-phase service. The below estimation is an example of one home with one meter. The table below illustrates how residential bills are calculated. This example is based on one month where 1,000 kwh (kilowatt hours) were used, which is approximately our member average.
Single phase Residential (Rate schedule 101) |
||||
Rate | Cost | |||
Service Charge | $25.00 | $25.00 | ||
Energy charge for first | 500 | kWh | $0.113031 | $56.52 |
Energy charge for remaining | 500 | kWh | $0.094297 | $47.15 |
PJM Cost | $0.022591 | $22.59 | ||
Power Cost Adjustment (PCA) | -$0.000640 | -$0.64 | ||
Subtotal | $150.62 | |||
Indiana State Tax | 7% | $10.54 | ||
Total Bill | $161.16 |
Prepaid Residential Energy Charges once enrolled in the prepaid program:
All kWh = $0.093329/kWh
Service Charge: $1.50 per day
Example of Prepaid Residential Rates
Since prepaid accounts can be paid at any time, the below estimation is based on 29 days of energy usage.
Prepaid Residential (Rate schedule 104) |
||||
Rate | Cost | |||
Service Charge per day | 29 | days | $1.50 | $43.50 |
Energy charge for total kWh | 1000 | kWh | $0.093329 | $93.33 |
PJM Cost | $0.022591 | $22.59 | ||
Power Cost Adjustment (PCA) | -$0.000640 | -$0.64 | ||
Subtotal | $158.78 | |||
Indiana State Tax | 7% | $11.11 | ||
Total Bill | $169.89 |
Commercial Service, small, single phase (Rate Schedule 30-8)
Public or industrial buildings with 12 month rolling average demand of <50 kW
First kWh = $0.113031/kWh.
Over 1000 kWh = $0.094297/kWh
Service Charge: $30
Example of this rate
The below estimation is an example of a small commercial service with single phase service.
This example is based on one month where 1500 kwh were used.
Commercial Service - small, single phase (Rate schedule 30-8) |
||||
Rate | Cost | |||
Service Charge | $30.00 | $30.00 | ||
Energy charge for first | 1000 | kWh | $0.113031 | $113.03 |
Energy charge for remaining | 500 | kWh | $0.094297 | $47.15 |
PJM Cost | $0.022591 | $33.89 | ||
Power Cost Adjustment (PCA) | -$0.000640 | -$0.96 | ||
Subtotal | $223.11 | |||
Indiana State Tax | 7% | $15.62 | ||
Total Bill | $238.73 |
Commercial Service, small, three-phase (Rate Schedule 30-9)
Public or industrial buildings with 12-month rolling average demand of <50 kW
Service Charge: $70.00
All kWh = $0.085000/kWh
Demand Charge: $4.02/kW
Example of this rate
The estimation is an example of a commercial service with multi phase service. This example is based on one month where demand = 150 kW with 2500 kwh used.
Commercial Service - small, three phase (Rate schedule 30-9) |
||||
Rate | Cost | |||
Service Charge | $70.00 | $70.00 | ||
Energy charge for | 2500 | kWh | $0.085000 | $212.50 |
Demand Charge for | 150 | kW | $4.02 | $603.00 |
PJM Cost | $0.022591 | $56.48 | ||
Power Cost Adjustment (PCA) | -$0.000640 | -$1.60 | ||
Subtotal | $940.38 | |||
Indiana State Tax | 7% | $65.83 | ||
Total Bill | $1,006.21 |
Commercial Service, large, single phase or multi phase (Rate schedule 40-0)
Public or industrial buildings with 12 month rolling average demand of >50 kW and <1000kW
Service Charge: $100.00
All kWh = $0.080260/kWh
Demand Charge: $6.50/kW
Example of this rate
The below estimation is an example of a small commercial service with a multi-phase service.
This example is based on one month where demand =150 kW with 2500 kwh used, and p.f. > 0.95.
Commercial Service - large, single phase or multi phase (Rate schedule 40-0) |
||||
Rate | Cost | |||
Service Charge | $100.00 | $100.00 | ||
Energy charge for | 2500 | kWh | $0.080260 | $200.65 |
Demand Charge for | 150 | kW | $6.50 | $975.00 |
PJM Cost | $0.022591 | $56.48 | ||
Power Cost Adjustment (PCA) | -$0.000640 | -$1.60 | ||
Subtotal | $1,330.53 | |||
Indiana State Tax | 7% | $93.14 | ||
Total Bill | $1,423.67 |
Commercial Service, large, capacity power (Rate schedule 50-0)
Public or industrial facilities with 12 month rolling average demand of >1000kW
Service Charge = $150.00
All kWh = $0.078683/kWh
Demand charge $5.63/kW
Example of this rate
The estimation below is an example of a large commercial service with a multiphase service.
This example is based on one month where Demand =1100 kW with 100,000 kWh used, and p.f. > 0.95.
Commercial Service - large, capacity power (Rate schedule 50-0) |
||||
Rate | Cost | |||
Service Charge | $150.00 | $150.00 | ||
Energy charge for | 100,000 | kWh | $0.078683 | $7,868.30 |
Demand Charge for | 1,100 | kW | $5.63 | $6,193.00 |
PJM Cost | $0.022591 | $2,259.10 | ||
Power Cost Adjustment (PCA) | -$0.000640 | -$64.00 | ||
Subtotal | $16,406.40 | |||
Indiana State Tax | 7% | $1,148.45 | ||
Total Bill | $17,554.85 |