In the electric utility industry, it is best-practice to review the cost of providing service at least every five years. Fountain's last Cost of Service/Rate Study was conducted in 2020, when we reviewed the current and anticipated cost of providing service over the next five-year period.
Our electric rate structure is complex and includes ten different classifications of service ranging from residential to commercial, industrial and lighting. The Rate Study looks at these different classifications of service to ensure that each provides their share of revenue to support the associated costs with providing service. This is important to prevent one class of service from subsidizing other class(es) of service.
Visit the Electric Rates page for information about current rates.