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What is the Wholesale Market Adjustment (WMA) on my bill?

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What is the Wholesale Market Adjustment (WMA) on my bill?

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The Wholesale Market Adjustment is a charge that takes into account the increase and decrease in prices being charged to SWCE by our power supplier. The WMA fluctuates depending on power demand, the wholesale market price, and customer usage. It is important to note with the WMA, there is no mark-up for SWCE, and the WMA is implemented by most utilities throughout Minnesota and the nation. The WMA was implemented to deal with fluctuations and/or spikes in power costs while keeping the base rate stable.

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