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Availability — Available throughout the territory
served by the Public Works Commission in accordance with the Commission's
established service regulations and the Commission's established
policy for the administration of the Economic Development Rate
Schedule.
Applicability
— To electric service provided for industrial/commercial
facilities expansion or for new electrical loads provided that
such expansion or new load exceeds 500kW of maximum monthly demand
and provided that the customer has signed an electric service
contract with the Commission for an initial term of no less than
five (5) years. This rate schedule is applicable to the first
thirty-six (36) months of service only. Following the first thirty-six
months of service, the customer's account will be reclassified
to the appropriate general service rate schedule.
Character
of Service — Service shall be three-phase, sixty hertz
alternating current at the Commission's standard available voltages.
Service shall be provided at a single point of delivery through
one meter.
Monthly
Rate — The monthly rate for the first thirty-six (36)
months of service shall be based on ninety percent (90%) of the
otherwise applicable general service rate. Such applicable general
service rate shall be based on the size of the customer's total
load and the customer's optional election of service under time-of-use
billing, where applicable.
Wholesale
Power Cost Adjustment — All computed economic development
bills are subject to adjustment according to Schedule PCA.
Payments
— Bills are due when rendered and are payable within 15 days.
If a bill is not so paid, PWC has the right to suspend service
in accordance with the service regulations.
For
more information about the PWC incentive programs, please contact:
Public Works
Commission
955 Old Wilmington Rd.
Fayetteville, NC 28301
(910) 223-4341
(910) 829-0202 fax
donna.peters@faypwc.com
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