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Member Agreement 1 EV Electric Rate

Member Agreement 1 EV Electric Rate
Member Agreement 1 EV Electric Rate

By signing this agreement, the Member elects to take advantage of Corn Belt Energy’s Rate 1-EV. This rate is offered as an option for all qualifying CBEC electric members.

Rate 1-EV allows a member to charge their Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV) at a discounted electric rate. The rate applies to BEV and PHEV as well as all household kilowatt-hours utilized. Rate 1-EV does not prevent the member from charging their electric vehicle or utilizing electricity within the home. The rate is designed to encourage members to shift their usage and take advantage of a lower kilowatt-hour charge during off-peak times. The Rate 1-EV policy defines the details of the rate and supersedes any discrepancies found within this document.

1 - EV Terms and Conditions

Qualifications:

1. Residential and farm services

2. Single-phase and ≤ 400 amp service

3. All Battery Electric Vehicles (BEV), and Plug-In Hybrid Electric Vehicles (PHEV) and both Level I and Level II charging stations qualify regardless of manufacturer.

Conditions:

1. Rate cannot be utilized on temporary single-phase services

2. Apartments do not qualify

3. Rate 1-EV cannot be used in conjunction with:

a. Electric rates including but not limited to:

i. Rate 10 or 19 - Electric Heat for Residential & Farm Service

ii. Rate 11 – Residential & Farm Service – Interruptible

iii. Rate 12 – Residential Electrically Heated Apartments

b. Net metered locations (distributed generation)

c. Incentive programs including but not limited to:

i. Air conditioner and water heater load control programs

Rate information:

1. Service Availability Charge: $35.00

2. On-peak rate: For all kWhs used between 14:00 to 19:00 (2:00 p.m. – 7:00 p.m.), Monday through Friday.

a. All kilowatt-hours @ $0.185 per kWh

3. Off-peak rate: For all kWhs used between 19:00 to 14:00 (7:00 p.m. – 2:00 p.m.), Monday through Friday. As well as all kWhs consumed on Saturday, Sunday and NERC holidays.

a. All kilowatt-hours @ $0.030 per kWh

4. All kilowatt-hours subject to the wholesale power cost adjustment

5. North American Electric Reliability Corporation (NERC) Holidays are: New Years, Memorial Day, Independence Day, Labor Day, Thanksgiving, and

*To maximize member and CBEC savings, it is advised to observe a 15-minute buffer before and after the on-peak window to prevent on-peak kilowatt-hour charges.

Note: The 1-EV rate will start on the 1st of the month following the completion of this agreement.

Additional Information:

CBEC encourages members to participate on Rate 1-EV for 12 consecutive billing cycles (or when the pilot period ends), but a member may elect to change to another applicable rate if necessary for future energy use. A rate change cannot occur after an electric bill has been produced for a previous month’s usage. If a member elects to discontinue service on this rate, the member will not be permitted to return to Rate 1-EV for a period of one year.

Should the electric metering fail, causing the on-peak/off-peak energy consumption to be incorrectly recorded, or not at all, the member will be billed on their previous electric rate, until such time the metering device is corrected.

The Member acknowledges that CBEC is not responsible for the performance or charging/mechanical costs of the member’s BEV or PHEV. By signing this agreement, the member agrees to all terms and conditions contained in this document.

If you have any questions please contact Gary Hurley at 309-664-9221 or email rebates@cornbeltenergy.com.

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