Rate Decrease

Rate Decrease

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In May 2020, you will notice a small decrease in the power cost adjustment (PCA) on your monthly bill of about 1%. For a residential member with average monthly usage of 1,500 kWh this will be a credit of around $4.00.  The update is due to a change in wholesale power costs from our provider, which includes changes in fuel costs, operations and maintenance of plants, and depreciation. This slight change in the PCA does not impact Hendricks Power base rates, which have not changed in five years. You can find these at hendrickspower.com/rates. If you have any questions about this, or if you are interested in an energy audit to reduce usage, please contact our office at (317) 745-5473.