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WHY pass through a GRE Power Cost “Rider” rather than increase rates?

April 26, 2017COST GRE increase pass power rates

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WHY pass through a GRE Power Cost “Rider” rather than increase rates?

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A wholesale power cost rider is used by electric utilities to account for the increasing cost of power and manage changes, which can vary from month-to-month, season-to-season and year-to-year. The pass-through cost means members will be paying more for electricity in 2008.