If you would like to figure your electric bill (to compare to the one Kankakee Valley REMC sends you), here’s how:
- Track the kilowatt-hours you used on your meter for the month (or use the amount shown on your bill — they should be about the same).
- Multiply your kWh by the rate shown at right in Line A. (This is the KVREMC’s residential rate; it stays the same each month.)
- Multiply your kWh by the power cost adjustment rate in Line B. (This is a factor KVREMC pays for power; it may vary from month to month.)
- Add the amounts from above to the facilities charge (Line C). (This charge is the same each month.)
- Add 7 percent Indiana sales tax to get your total amount due.
Monthly Rate Schedule A (Residential)
A. Rate (all kWh per month) — $0.09699 per kWh
B. Power cost adjustment tracking factor for February — $0.000000 per kWh
C. Facilities charge — $30 per month