Commercial Rates
Commercial and Industrial Services
Below you can find a list of services that Kay Electric offers and their respective prices.
COMMERCIAL & INDUSTRIAL LIGHTING & POWER
AVAILABILITY
Available for commercial, industrial and three-phase farm service up to 30 kilowatt (kW) demand, for all uses including lighting, heating and power subject to the established rules and regulations of the Cooperative.
MONTHLY RATE
Customer Charge: $35.00 per month
Energy Charge: $0.1150 per kWh
MINIMUM MONTHLY CHARGE:
The minimum monthly charge shall be the highest one of the following:
- The minimum charged in the contract.
- A charge of $35.00 per month plus $1.00 per KVA or fraction thereof where transformer capacity in excess of 15 KVA; but in no event less than $45.00 per month if three-phase service required.
- A charge of $39.00 per month or $3.90 per connected horsepower if the entire load is a single-phase motor load.
- $4.50 per connected horsepower if the entire load is a three-phase motor load.
ADJUSTMENTS
Power Cost Adjustment
The above rate may be subject to an increase or decrease due to a power cost change from our power
supplier.
LP-2 Large Power Service
Available for commercial and industrial service for all uses including lighting, heating and power, over 30 Kilowatt demand and subject to the established rules and regulations of the Cooperative. This rate serves all down hole submersible pumping loads.
Monthly Rate:
Customer Charge: $80.00 per month
Transformer kVA charge: $0.50 per all kVA over 300 kVA
Demand Charge: $ 11.00 per KW of billing demand
Energy Charge: $.073 per kwh
Power Cost Adjustment
The above rate may be subject to an increase or decrease due to a power cost change from our power supplier.
The monthly charges as calculated shall be multiplied by 1.02 to allow the Cooperative recovery of the 2% Gross Receipts Tax levied by the State of Oklahoma.
OWP-Oil Well Pumping
Available to members of the Cooperative for oil well pumping for loads in excess of ten horsepower (10 h.p.) and less than sixty-five horsepower (65 h.p.), subject to the established rules and regulations of the Cooperative. Secondary lines must be furnished under this rate up to design limits.
Type Of Service:
Single and/or three-phase, 60 hertz, at standard voltages.
Monthly Rate:
Customer Charge: $35.00 per month
Horsepower Charge: $5.00 per h.p. per month
Energy Charge: $0.0600 per kwh
Determination Of Connected Horsepower:
The horsepower for billing purposes shall be the motor manufacturer's nameplate rating; except that, if the Cooperative so elects, it shall be determined by actual measurements of power input during a period of maximum normal use.
Power Cost Adjustment
The above rate may be subject to an increase or decrease due to a power cost change from our power supplier.
LP-6 LARGE POWER RATE
AVAILABILITY
The application of this rate schedule is limited to Consumers meeting either of the following conditions:
- Establish a minimum demand of 1000 kilowatts subject to the established rules and service regulations of the Cooperative.
TYPES OF SERVICE
Three-phase, 60 Hertz, at available voltage. At its sole discretion, the Cooperative may elect to meter the customer with either primary or secondary metering and make the appropriate correction for losses.
MONTHLY RATE
LEVEL > I II III IV
Substation Distribution Primary Level Distribution Distribution
Level Metered at Substation Level Primary Level Secondary Level
Customer Charge: $400 per month $400 per month $400 per month $400 per month
Demand Charge:$0.50 per NCP kW $2.00 per NCP kW $2.50 per NCP kW $3.60 per NCP kW
Energy Charge:
First 1,000,000 kWh: $0.0050 per kWh $0.0050 per kWh $0.0053 per kWh $0.0055 per kWh
Over 1,000,000 kWh:$0.0030 per kWh $0.0030 per kWh $0.0032 per kWh $0.0033 per kWh
Wholesale Power Cost
The Cooperative’s approved wholesale cost of power method using power supplier’s applicable Rate Schedule shall be the cost of power to serve the Customer including, but not limited to taxes, capacity, demand, ancillary services, delivery, energy and fuel charges for the billing period plus adjustments applied to the current monthly billing to account for differences in actual purchased electricity costs billed in previous periods. The poser cost will be calculated using the billing units defined in the same manner as defined in the wholesale rate to the customer, including any ratchet provisions in the wholesale rate. The Customer’s billing units may be adjusted for line losses, as determined by the Cooperative, to calculate the Customer’s power cost at the wholesale supplier’s metering point to the Cooperative.
FACILITIES CHARGE
The facilities charge may be applicable to consumers requiring extension of service based on the actual cost of construction plus applicable interest cost (determined by the interest rate of the most current fixed loan), billed to the Customer monthly as developed on the following formula:
(Actual Construction Cost + Applicable Interest Cost) / Term of Agreement = Monthly Charge
CONSTRUCTION COSTS
Construction costs for large project investments could be required to be paid upfront entirely in lieu of a facility charge(s). These construction costs are for large projects built for the purpose of servicing load(s) that could be financially detrimental to the cooperative if funds were not collected upfront. All or partial pre-collected construction costs could be paid back to the consumer over time as a credit on the consumer’s monthly electric bill if certain minimum usage and load factor parameters are contractually met provided that the Cooperative’s financial investment on facilities built do not adversely affect the overall membership.
