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DS&O Electric Cooperative Inc. 201 Dakota Drive, Solomon, KS 67480

DS&O Latest News and Events

Timothy J. Power, CEO

New Residential Rates
By Timothy J. Power, CEO

Last October DS&O asked Cooperative Finance Corporation (CFC) to begin a cost of service study, which included a revenue requirements assessment, cost of service study, and eventually rate design recommendations.

The Cost of Service Study (CSS), which looked at each rate class, showed a combined 4% deficit in revenue.  The Board of Directors (Board) decided to focus on the Residential rate classes this year, since these classes bring in approximately 70% of the cooperative’s revenue.  It is our plan to look at the Commercial rates in 2017.  The CSS showed that all Residential rate classes had a monthly cost to serve close to $50.00.  This is at least $22.50 more than we currently charge for any of our Residential rate classes.

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Post date: Mon, Apr 4th 2016
Post date: Tue, Mar 29th 2016
Post date: Fri, Feb 26th 2016

 

New Residential Rates Approved

The Board of Directors held a special member meeting on April 18, 2016 at 7:00 pm at the cooperative's headquarters office located at 201 Dakota Drive in Solomon, to discuss and vote upon proposed changes to the residential rates.

The following residential rates were approved at the meeting and will be effective 6/1/2016.

 

R-1 Residential Rural Effective 6/1/2016
R-2 Residential Urban Effective 6/1/2016
R-3 Residential Prepay Effective 6/1/2016

 

 




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