BCREMC announces 2nd Quarter Tracker

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Posted on Apr 03 2021 in Bartholomew County REMC

Reflected on mid-April bills, Bartholomew County REMC members will see a credit in the wholesale tracker adjustment effective April 1. This tracker, passed directly to members from our power supplier, Hoosier Energy, will be -$0.005545 per kWh or approximately a credit of $5.55 per 1,000 kWh used. That makes the total per kWh $.103875.

The easiest explanation of a tracker is that it is a billing adjustment to cover the fluctuating cost of power we purchase and distribute from Hoosier Energy. The tracking mechanism recovers variable production costs (fuel — including coal and natural gas, wholesale power market purchases, operations and maintenance, and emissions regulations) incurred by Hoosier Energy. The tracker is adjusted quarterly and the amount varies, depending on your electricity use.