IURC News Release

Indiana Utility Regulatory Commission                                                         

302 West Washington Street, Room 306                                                                        

Indianapolis Indiana  46204                                                                                

317.232.2297 office

317.233.1982 fax



Contact:  Mary Beth Fisher


For Immediate Release                                                                                   

March 21, 2001




Today the Indiana Utility Regulatory Commission approved a request by the Harrison County Rural Electric Membership Corporation to increase its rates and charges for electric service.  The amount approved was slightly less than the 7.23 % the company originally sought.


In Cause No. 41894, the Commissioners find that the revenue generated from the 6.86% rate change is needed to cover the increased cost for wholesale power.  That figure is the result of a settlement between the company and the Indiana Office of the Utility Consumer Counselor.   Because the increase in Harrison County REMC’s power costs will not take effect until April 1, 2001, the rates and charges approved by the Commission will take effect on that date.


Residential customers will not feel the full impact of the increase as you can see from the table below:


Residential (Rate 1) Comparison at 1000 kWh





Harrison REMC




First 750 kWh

 $   46.50

 $   47.52


Next 250 kWh

 $   13.78

 $   13.22


Facilities Charge

 $   15.00

 $   10.00


Total Bill

 $   75.28

 $   70.74

 $    4.54





Percent Change













Harrison County REMC is located in Corydon, Indiana.  The company purchases power at wholesale from Hoosier Energy Rural Electric Cooperative and distributes and sells electricity at retail to nearly 18,500 member owners and consumers located in Harrison, Floyd, Clark, Washington and Crawford Counties.  This is the first rate increase since June 1989.