RESOURCE & TAX ADJUSTMENT (RTA) CHARGE & ADVANCED METER RECOVERY FEE
HOW MUCH IS THE INCREASE?
For residential members, the 2022 RTA will be $0.0020 per kilowatt-hour, which is $0.0019 higher than December 2021. The 2022 advanced meter recovery fee will be 96 cents per residential meter, which is 20 cents lower than December 2021. Together, the fees will increase the average residential member’s bill a total of about $1.11 per month. Commercial accounts should contact an account representative to discuss the RTA charge for their rate class.
WHAT IS THE RTA?
Dakota Electric uses the RTA to recover changes in wholesale power cost, property and real estate taxes and conservation spending. The charge is a direct pass-through of costs and is reviewed and approved by the Minnesota Public Utilities Commission (PUC).
WHAT IS THE ADVANCED METER RECOVERY FEE?
The advanced meter recovery fee is a separate line item on your monthly bill to recover costs associated with installing advanced or “smart” meters and communication equipment. The fee is applied to each meter at a premise and will be adjusted annually depending on ongoing project costs. The fee is also reviewed and approved by the Minnesota PUC.
Benefits of new advanced meters:
- Replacement of aging infrastructure
- Increased system efficiencies
- Improved outage notification and restoration
ENERGY ASSISTANCE AVAILABLE
For energy assistance resources visit our financial assistance page. Contact us Monday through Friday from 7 a.m. to 7 p.m. at 651-463-6212 or 1-800-874-3409, or email [email protected].