PRECorp members to see slight drop on monthly bills

The Powder River Energy Corporation (PRECorp) Board has approved a Cost of Power Adjustment (COPA) for implementation in January.

The COPA is a mechanism to recoup or return changes in the wholesale cost of power that PRECorp pays to Basin Electric Power Cooperative from the previous year and weave in anticipated changes in the wholesale power cost in the coming year.

This is a separate line item that appears on electric bills each month and is calculated as an addition or reduction to the base rate charges, which is related to the actual cost of purchasing wholesale power.

PRECorp’s power cos...