Delaware Electric Cooperative reduces rates | Delaware First Media
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Delaware Electric Cooperative reduces rates

Mar 18, 2021

Some electric customers in Delaware are about to save a few bucks.

The Delaware Electric Cooperative’s Board of Directors recently approved a rate decrease.

The average member using 1,000 kilwatt hours (kWh) is set to save about $4 a month as the Power Cost Adjustment falls from 1.9 cent to 1.3 cents per kWh.

That's even with the board also approving a $2 raise in the monthly customer charge from $14 to $16.

Officials say it’s the second rate decrease in less than a year, and the move will save the more than 105,000 DEC members in Kent and Sussex Counties a total of about $6 million.

The new rates start in April, and will be lower than what customers were paying back in 2008.