Conway Corporation issued the following announcement on May 6.
This month you may notice an increase to the Cost of Power Adjustment line item on your Conway Corp bill. This adjustment reflects the increases and decreases in the cost of power in the Midcontinent Independent System Operator footprint, which is where Conway is located. Prior to March 2021, we had 16 consecutive months of a credit for the cost of power. That means our costs were less than we budgeted, and we passed this credit on to our customers. As a result of the current volatile power markets nationwide, customers will see a Cost of Power Adjustment of .03 per kWh. To learn more visit ConwayCorp.com or call 501-450-6000.
Original source can be found here.
Source: Conway Corporation
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