Power Credits
Small Manufacturing Credit Program: Those eligible are Schedule GSA - 3, whose
activities are classified with SIC codes from 2000 to 3999. Credit
is applied as $.00540 per kWh, $1.38 per kW for the first 1,000 kW of metered
demand, and $1.63 per kW for additional kW of metered demand above 1,000
kW.
Enhanced Growth Credit: Those eligible for monthly power credits are:
-
New or expanding customers with SIC
codes from 20 to 39 for manufacturing and 40, 42, 44 and 45 for bulk
transportation
-
New or expanding commercial/industrial customers with all electric
heating, ventilation and air conditioning, 50% of
floor space heated and cooled, and at least 50% of the rated
electric load represented by HVAC, interior lighting and/or cooking
-
Expanding customers who are adding at least 250 kW of electric load for
all electric HVAC, water heating and/or cooking
Power credits can be applied to the customer's monthly bill in one of two ways - a credit of $6 per kW each month for four years or a credit of $6 per kW each month for year one, decreasing to $5.25 per kW during year two, and continuing to decrease by $0.75 each year over an eight year period.
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