MPE Electric Rates

202.01 - General Service Small (1C, 1R, 1CCON, 1RCON)

  • System Access Charge: $38.32 per month
  • All kWh: $0.12690

2026 Proposed Rates

  • System Access Charge: $39.32 per month (change of $1)
  • All kWh: $0.13750 (change of $0.0106)

202.11 - General Service Whole-House Time-Of-Use (1RWHO)

  • System Access Charge: $38.32 per month
  • On Peak kWh of metered monthly usage: $0.22626 / kWh
  • Off Peak kWh of metered monthly usage: $0.08744 / kWh

On Peak Hours: 5 p.m. - 10 p.m., Monday through Saturday
Off Peak Hours: 10 p.m. - 5 p.m., Monday through Saturday and all day Sunday

2026 Proposed Rates

  • System Access Charge: $39.32 per month (change of $1)
  • On Peak kWh of metered monthly usage: $0.23626 / kWh (change of $.01)
  • Off Peak kWh of metered monthly usage: $0.09694 / kWh (change of $0.0092)

202.02 - General Service Time-Of-Use - ETS (3C-ON, 3R-ON, 3RCON) 

  • System Access Charge: $38.32 per month
  • On Peak kWh of metered monthly usage: $0.12690 / kWh
  • Off Peak kWh of metered monthly usage: $0.08744 / kWh

On Peak Hours: 3 p.m. - 10 p.m.
Off Peak Hours:  10 p.m. - 3 p.m.

2026 Proposed Rates

  • System Access Charge: $39.32 per month (change of $1)
  • On Peak kWh of metered monthly usage: $0.13750 / kWh (change of $0.0106)
  • Off Peak kWh of metered monthly usage: $0.09694 / kWh (change of $0.0095)

202.03 - Small Power (6, 6R, 6N, 6CON)

  • System Access Charge: $63.83 per month
  • Demand Charge, per kW of billing demand: $5.87 / kW
  • First 300 kWh per billing kW, per kWh of metered monthly usage: $0.10950 / kWh
  • Over 300 kWh per billing kW, per kWh of metered monthly usage: $0.08744 / kWh

2026 Proposed Rates

  • System Access Charge: $68.83 per month (change of $5)
  • Demand Charge, per kW of billing demand: $6.25 / kW (change of $0.38)
  • First 300 kWh per billing kW, per kWh of metered monthly usage: $0.1170 / kWh (change of $0.0073)
  • Over 300 kWh per billing kW, per kWh of metered monthly usage: $0.08744 / kWh (no change)

202.04 - Large Power (7, 7NC, 7P, 7CON)

  • System Access Charge: $114.55 per month
  • Demand Charge, per kW of billing demand: $5.87 / kW
  • First 300 kWh per billing kW, per kWh of metered monthly usage: $0.10970 / kWh
  • Over 300 kWh per billing kW, per kWh of metered monthly usage: $0.08744 / kWh

Primary Service (7P) receives a 3% primary service discount on kWh and Demand.

2026 Proposed Rates

  • System Access Charge: $114.55 per month (no change)
  • Demand Charge, per kW of billing demand: $6.25 / kW (change of $0.38)
  • First 300 kWh per billing kW, per kWh of metered monthly usage: $0.1170 / kWh (change of $0.0073)
  • Over 300 kWh per billing kW, per kWh of metered monthly usage: $0.08744 / kWh (no change)

Rate 7P

Same as Rate 7 Except Primary Service Discount of 3% on kWh and Demand Revenue

202.05 - Large Power Demand (8, 8P)

Secondary Service Level (8)

  • System Access Charge: $114.55 per month
  • Rate per kWh of metered monthly usage: $0.06717 / kWh
  • Non-Coincidental Peak Demand Charge, per kW of billing demand:  $13.08

Primary Service Level (8P)

  • System Access Charge: $229.10 per month
  • Rate per kWh of metered monthly usage: $0.06717 / kWh
  • Non-Coincidental Peak Demand Charge, per kW of billing demand: $10.61
  • Primary Service Discount of 3% on kWh

2026 Proposed Rates

 

Secondary Service Level (8)

  • System Access Charge: $114.55 per month (no change)
  • Rate per kWh of metered monthly usage: $0.07780 / kWh (change of $0.01063)
  • Non-Coincidental Peak Demand Charge, per kW of billing demand:  $14.08 (change of $1)

Primary Service Level (8P)

  • System Access Charge: $229.10 per month (no change)
  • Rate per kWh of metered monthly usage: $0.07780 / kWh (change of $0.01063)
  • Non-Coincidental Peak Demand Charge, per kW of billing demand: $10.61 (no change)
  • Primary Service Discount of 3% on kWh

202.07 - Level 3 Electric Vehicle Charger (8EVC)

  • Basic Service Availability Charge: $1.72 per installed kW (per month)
  • Rate per kWh of metered monthly usage: $0.06717 / kWh (at cost)

2026 Proposed Rates

  • Basic Service Availability Charge: $1.72 per installed kW (per month) (no change)
  • Rate per kWh of metered monthly usage: $$0.07780 / kWh (change of $0.01063)

202.06 - Outdoor and Municipal Street Lighting

  • Type - Available for New Installations / Charge per Light
    • Security LED / $7.15
    • Highway Street Light - LED / $8.83
    • Universal LED Street Light / $14.41
  • Type - No Longer Available for New Installations
    • 40 Watt Security LED: $7.15
    • 70 Watt Security LED: $8.83
    • 175-watt Mercury Vapor: 63 kWh, $12.32/month
    • 250-watt Mercury Vapor: 90 kWh, $17.15/month
    • 400-watt Mercury Vapor: 144 kWh, $21.97/month
    • 100-watt High Pressure Sodium: 36 kWh, $12.32
    • 250-watt High Pressure Sodium: 90 kWh, $21.97
    • 400-watt High Pressure Sodium: 144 kWh, $27.82
    • 40-watt LED Street Light: 15 kWh, $6.94
    • 115-watt LED Street Light:  42 kWh, $11.30

 

Board approves 2026 budget and required rate adjustments

At the recent November meeting of the Board of Directors, the board unanimously approved the proposed 2026 budget and the required aggregated rate increase of 6.8%, which will go into effect on January 1, 2026. 

The change to residential electric service rates will be in the form of a $1 increase to the service availability charge and just over a 1-cent increase in the kWh charge. The average residential electric bill of 752 kWh will increase by approximately $8.95 per month. 

Because of the rising costs resulting from inflation, the 7-year gap from 2016-2023 of no rate increases at MPE, and continuing cost pressures on equipment, materials, labor, and transmission, a rate increase was anticipated, which is also a nationwide trend. MPE’s wholesale power costs are set by a long-term contract that includes pre-determined rates through 2045. This helps to insulate our members from any price swings in the power market. 

Read the full press release...

Notice of Tariff Changes

2025 Rates Redlined with 2026 Updates

Rate Increase FAQs

  • The rate increase will take effect on January 1, 2026. 
  • A cost-of-service study and proposed rate design was completed for our cooperative by industry experts at PSE, an independent organization that serves utilities across North America. The objective of the rate design was to ensure that rates are fair, equitable, and financially adequate. The rate design also aimed to recover revenue to meet MPE’s operational needs as a not-for-profit, member-owned cooperative.
  • To help stabilize wholesale power costs, MPE spent the previous several years exploring alternate power supply options. In January 2023, MPE provided Tri-State Generation and Transmission the required 2-year notice to terminate its wholesale power contract, effective Feb. 1, 2025. MPE secured a rate stable power purchase agreement with Guzman Energy to follow its exit from Tri-State. Although power supply costs represent a majority of MPE’s budget, operational and capital costs – all the people and resources it takes to keep our grid reliable and safe – are critical budgetary considerations as well. 
  • Because of the rising costs resulting from inflation, the 7-year gap from 2016-2023 of no rate increases at MPE, and continuing cost pressures on equipment, materials, labor, and transmission, a rate increase was anticipated, which is also a nationwide trend. MPE’s wholesale power costs are set by a long-term contract that includes pre-determined rates through 2045. This helps to insulate our members from any price swings in the power market.

  • The average residential electric bill will increase by approximately $8.95 monthly. 

  • The average residential kWh usage over the past 12 months is 750 kWh/month. At the current rate: $0.12690 x 750 kWh = $95.18 + $38.32 SAF = average monthly bill of $133.50.  At the new rate: $0.13750 x 750 kWh = $96.25 + $39.32 SAF = $142.45. 

  • In aggregate, total rate increases amongst rate classes will result in an overall required 6.8% increase in revenue. Individual rate classes will be impacted differently. The rate classes were finalized and the Board approved revisions to Tariff Section II: Rate Schedules at the Nov. 13 meeting. The proposed tariff revisions are available for review at MPE offices – 321 W. Agate Ave. in Granby and 600 3rd Street in Walden – or online at www.mpei.com/rates-tariffs. 

  • MPE’s new residential electricity charge of $0.13750 kWh, to become effective Jan. 1, 2026, is well below both the Colorado electric utility rate from September 2024 of $0.15030 kWh and the national average from that same month of $0.1683 kWh. (data from U.S. Energy Information Administration)  

  • A rate discount program was created for those who may be disproportionately impacted by any rate changes. The income-qualified financial assistance pilot program – BOOST (Benefiting Our Own in our Service Territory) – took effect on Feb. 1, 2025. MPE is partnering with Mountain Family Center, which provides services throughout Grand and Jackson counties, to qualify members who may be at or below 200% of the Federal Poverty Level. Eligible members will receive a 20% discount on their monthly bills. Eligible members who enroll in MPE’s prepay program will get an additional 5% discount, for a total discount of 25% monthly. The pilot will run through June 2026. More info to be available soon at MPE and the Mountain Family Center.

  • MPE will continue to share with its members tips on how to save energy, cut costs and find energy assistance resources for those in need. Below are links to assist with energy efficiency/management:

  • For more info, please contact MPE at memberservices@mpei.com or 970-887-3378.