ELECTRIC Electric Rate Rider REPS Renewable Energy Portfolio Standards (REPS) Charge Applicability The Renewable Energy Portfolio Standards Charge set forth in this Rider is applicable to all customer accounts receiving electric service from the City of High Point (“City”), except as provided below. These charges are collected for the expressed purpose of enabling the City to meet its Renewable Energy Portfolio Standards compliance obligations as required by the North Carolina General Assembly in its Senate Bill 3 ratified on August 2, 2007. Billing Monthly electric charges for each customer account computed under the City’s applicable electric rate schedule will be increased by an amount determined by the table below: Customer Type Residential Account Commercial Account Industrial Account
Renewable Resources $0.87 $0.91 $4.72 $4.91 $48.67 $50.68
Monthly Charges DSM/Energy Efficiency $0.00 $0.00 $0.00
Total REPS Charge $0.87 $0.91 $4.72 $4.91 $48.67 $50.68
Exceptions Industrial and Commercial Customer Opt-out All industrial customers, regardless of size, and large commercial customers with usage greater than one million kWh’s per year can elect not to participate in City’s demand-side management and energy efficiency measures in favor of its own implemented demand-side management and energy efficiency measures by giving appropriate written notice to the City. In the event such customers “opt-out”, they are not subject to the DSM/Energy Efficiency portion of the charges above. All customers are subject to the Renewable Resources portion of the charges above. Auxiliary Service Accounts The following service schedules will not be considered accounts because of the low energy use associated with them and the near certainty that customers served under these schedules already will pay a per account charge under another residential, commercial or industrial service schedule: • • • •
Schedule 17 & 29 – Outdoor Lighting Service (metered and unmetered) Schedule Z – Street and Public Lighting Service Schedule 20 & 22 – Traffic Signal Service Etc.
Sales Tax Applicable North Carolina sales tax will be added to charges under this Rider. Effective for service rendered after July 1, 2024 July 1, 2026.
COMPREHENSIVE FEE SCHEDULE – ELECTRIC | 1