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Water and electric rates. Electric-The latest increase in the Utilities'electric rates was effective January 2015. There was no <br /> electric rate increase in 2016. The monthly base charges are based upon the type of service. The monthly charges are$12.00 for <br /> residential,$20.00 for commercial,and$60.00 for industrial customers. In addition to the base charges the residential rate is <br /> $.1360/KWh for May-September usage,and$.1205/KWh for October-April usage;the commercial rate is$.1304/KWh for May- <br /> September usage,and$.1087/KWh for October-April usage;the industrial rate is$.0649/KWh energy charge year round with a <br /> demand charge of$16.94/KW May-September,and$11.99/KW for October-April. <br /> Water-The Utilities' latest increase in residential and commercial'rates was effective January 2016.The monthly base charge for <br /> residential customers is$8.64 per month. In addition to the base charge,the Utilities currently charges its residential customers$1.72 <br /> per 1,000 gallons up to 9,000 gallons,$3.50 per 1,000 gallons between 9,000 gallons and 15,000 gallons,and$4.00 per 1,000 gallons <br /> for usage above 15,000 gallons. Commercial customer's base charges are based upon meter size,and range from$10.37 to$109.53. <br /> An irrigation meter is$46.11 for every month the meter is utilized. There is also a charge per thousand gallons,the same tiers as the <br /> residential rates of$1.72,$3.50,and$4.00,except the graduation from the lower tier to the higher tier(s)is calculated based on <br /> previous consumption. <br /> The Utilities requires payment of all utility bills to be paid by the due date stated on the monthly bill. A ten percent penalty is <br /> assessed for payments not received by the due date. The Utility may discontinue service of a customer not complying with the <br /> disconnect policy of the Utility after receiving a written disconnect notice. Residential and Commercial/Industrial single phase <br /> electric customers that have their service discontinued will be charged a minimum of$50.00 to have their service reconnected. <br /> Commercial/Industrial three phase electric customers that have their service discontinued will be charged a minimum of$150.00 to <br /> have their service reconnected. Residential and Commercial/Industrial water customers that have their water shut-off will be charged <br /> a fee of$100.00 to have their water turned on/reconnected.There are no reconnections after 3:30pm and payments for reconnection <br /> /turn on are not accepted at the property site;payments must be made prior to dispatching reconnection. Customers can come in to the <br /> office between the hours of 8:00am and 4:30pm to make the payment by cash,money order or credit card;or pay online or by phone <br /> with a credit card.The Utilities abides by the Cold Weather Rules. <br /> Deposit policy. Per our Deposit Policy,the Utility collects social security numbers from new accounts and utilizes a credit risk <br /> assessment tool called"Online Utility Exchange"to determine if a deposit is necessary as a proactive measure to try and reduce <br /> uncollectible accounts. The amount of the deposit required will depend on the risk identified with the customer.For residential <br /> customers,if there is a 68 percent or higher probability of non-default and no negative history(no disconnection for non-payment or <br /> late payments two or more times within 12 months)there is no deposit required. If there is a lower than 68 percent probability of non- <br /> default,a deposit appropriate to the services supplied will be required before utility service will be extended. If the customer chooses <br /> not to provide a social security number,the deposit is automatically required.Residential deposit amounts are$100 for apartments, <br /> $100 for homes with water and sewer,$150 for homes with electric only services,and$250 for homes with all services(electric, <br /> water,and sewer). <br /> For commercial and industrial customers,a service agreement would need to be signed that identifies the guarantor of their business <br /> and the guarantor's social security number.Generally,a deposit of 2 times the estimated highest monthly bill will be required,with a <br /> minimum deposit of$250 for non-demand customers,and$1,000 for demand customers.The deposit shall be in the form of a cash <br /> deposit,or an irrevocable letter of credit.The irrevocable letter of credit will be renewed as required and failure to do so will result in <br /> a charge equal to the amount of the letter of credit applied to the monthly utility bill. <br /> Deposits will be retained until the account is closed.The deposit will be returned to the customer within 45 days of termination of <br /> service,provided that the customer has paid in full all amounts due on the account.The appropriate interest will be applied to the <br /> account per state statutes. <br /> 114 <br />