Rates & By-Laws
The rates are set by a 9-member Board of Trustees who oversees the operations of the cooperative. The current rates have been in effect since 1999, when they were reduced by 3.5% from the rates established in 1993.
Residential Rates (click here to access our Residential Rate Chart)
The monthly Customer Charge is $7.00 per month.
There are 2 separate rates for the Energy Charge:
Summer Rate (usage during months of June through September) 10.66 cents/kWh
Winter Rate (usage during months of october through May) 10.06 cents/kWh
Small Commercial Services (click here to access our Commercial Rate Chart)
The monthly Customer charge is $8.00 per month for single-phase service, and $11.00 per month
for three-phase service.
There are 2 separate rates for the Energy Charge:
Summer Rate (usage during months of June through September) 10.12 cents/kWh
Winter Rate (usage during months of October through May) 9.52 cents/kWh
Minimum Charges
The minimum monthly charge under the above rates shall be the monthly customer charge where 5 kVA or less of transformer capacity is required. For customers requiring more than 5 kVA of transformer capacity, the minimum shall be increased at the rate of $.75 for each additional kVA or fraction thereof. If you don't know your minimum monthly charge, please contact our office to find out.
Power Cost Adjustment
In 2002, due to the increased costs of purchasing power, the Board of Trustees implemented a Power Cost Adjustment (PCA). The PCA is used only for the purpose of recovering the cost of power purchased from the cooperative's power supplier which exceeds or is less than 5 cents per kWh.
The PCA factor varies each month, depending on the average cost of power purchased that month, and the kilowatt hours used by the customer. For your reference, this factor is printed monthy in the Kansas Country Living magazine. The PCA is calculated by our billing department and printed on your bill for the following month.
Example of Calculating a Rural Residential Electric Bill
Multiply the kilowatt hours used by the appropriate cents per kilowatt hour as listed above, and add the monthly customer charge. (Note: No kilowatt hours are allowed under the monthly customer charge.)
1500 kWh x .1066 (summer rate) $159.90
Monthly residential customer charge $ 7.00
$166.90
Calculate taxes applicable to your service $ 1.67
Calculate PCA applicable for the month:
(example: 1500 kWh x .03660 PCA factor) $ 54.90
Plus applicable taxes (example 1%) $ .55
Total Bill $224.02
NOTE: If you had any miscalculations on your bill the previous month, the difference will show up in the "Add" line as an addition or subtraction to your bill. You will need to include this amount when calculating your total bill. Also, the PCA factor changes every month based on wholesale power costs. The factor in the calculation above is just a recent example.
Caney Valley Electric accepts payments made with cash, check, money order, bank draft or credit and debit cards. To be set up on bank draft, you will need to contact the office and complete and sign an authorization form to have your bank account drafted once each month. There is a $5.00 convenience fee charged to accept a credit or debit card payment.