Rate Structures
In the past, rates were subject to government restrictions since electric utilities operated as regulated monopolies. since the power industry is deregulating, rates will eventually be determined by free market forces. This section will cover the type of rate schedules currently in force, but these may change in the near future. Presently customers are billed according to what the utility calculates their cost of service to be. Hence the rates for residential, commercial and industrial customers are not the same