How we calculate your monthly charges/credits
Our electric rate consists of two charges on your monthly bill: Wholesale power cost and Bluebonnet residential service, which includes a service availability fee. As a renewable member, you could have a production credit for the kWh that you deliver to the grid. In addition, members who live in cities that use electricity provided by Bluebonnet may be charged a franchise fee by the city.
Service Availability
The monthly expense for each meter, including billing and payment processing.
Service Availability charge = $22.50 per month
$22.50
Flat fee
+
Bluebonnet Residential Service
The cost of delivering electricity to each member.
Bluebonnet Residential Service = $0.033047 per kWh
$33.05
($0.033047 x 1,000 kWh)
+
Wholesale Power Cost
The cost Bluebonnet pays its power providers for generating and delivering electricity (Wholesale Power Cost) plus a possible adjustment based on fluctuations in generating costs (Power Cost Recovery Factor).
Wholesale Power Charge rate = $0.058936 per kWh
Power Cost Recovery Factor (PCRF) rate = $0.062936 (Variable)
$62.94
($0.062936 x 1,000 kWh)
-
Member Production
The value for the electricity that is returned to the grid = 0.062290 (updates annually).
-$31.15
($0.062290 x 500 kWh)
=
Total Charge
Total of wholesale power, residential service and service availability costs, minus member production credit, for billing period.
$87.34
(based on 1,000 kWh consumption and 500 kWh solar production)