WPCA credit to be removed

At CHEC, we are committed to providing safe, reliable and affordable electric service. As a not-for-profit electric cooperative, our rates reflect the actual cost of delivering electricity, including wholesale power purchases, system maintenance, and sufficient margins to maintain financial stability and meet required loan covenants.  

In May 2025, the cooperative implemented its first rate increase in seven years. The increase came with a wholesale power cost adjustment (WPCA) credit of (.005)¢ per kWh, to help mitigate the impact of the new rates. The WPCA is a component of the retail rate that can be adjusted when necessary to account for changes in purchase power costs and has been listed as a separate line item on your bill. The WPCA credit has been in place for 12-months, but will be removed effective May 1, 2026. With this removal, the average household using around 1,000 kwh, will see an increase of approximately $5 per month on their bill. 

By removing the WPCA from all rate schedules, CHEC will continue to have rates that are equitable and in the best interest of all CHEC members while ensuring that the cooperative can provide safe, reliable, affordable power today and in the future.