Episode 4 - Inside Midstate Electric Rates
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Episode 4 - Inside Midstate Electric Rates
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Episode 4 – Inside Midstate Electric Rates
Hosted by Jim Anderson, General Manager and CEO of Midstate Electric Cooperative
In this episode of Power Factor, we take a deep dive into how Midstate Electric Cooperative sets fair, data-driven electric rates as a not-for-profit utility. Our CFO, Jami joins us to explain what goes into the cost-of-service study, how capital credits benefit members, and why a 28% wholesale power hike from BPA results in about a 12% increase on an average residential member's bill. We’ll also unpack the complexity of BPA’s Tier 1 and Tier 2 power costs, the role of demand charges, and how long-term investments shape the future of our rates.
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