What is a fuel factor?
Pee Dee Electric’s rates have a base cost for the price of fuel to generate electricity built into the rate structure. This price of fuel fluctuates from month to month. It is important to remember that the monthly rate for electricity does not change; however the cost to produce the energy does change. In months where the cost of fuel may be higher, the adjustment will be seen as an added cost based on the amount of power used. In the months where the cost of fuel is less, the adjustment will be seen as a credit on the same basis. • What is a Member in Good Standing? A Member in Good Standing is any Member who has fulfilled all obligations for any and all accounts under the Member’s name and who, within the previous 24 months has had: 1) not more than two delinquent billings, 2) no involuntary disconnections, 3) no returned checks, and 4) no violations of meter tampering. • Can my bill be more consistent or the same each month? Our Budget Billing program is great for those on a fixed
