Electric Rates & Cost Estimates

Electric Riders

Vectren is committed to promoting long-term economic growth in the communities it serves.  To that end, Vectren offers two electric riders that allow reductions in electric rates to non-residential customers who meet specific criteria outlined in Vectren’s Electric Tariff.

Economic Development Rider

Vectren’s Economic Development Rider (Rider ED) is available to any new or existing non-residential customer who either establishes new service or expands an existing establishment.

Under the Economic Development Rider, a customer must:

• Receive electric service under Rate LP or HLF,
• Make an application to Vectren for service under this Rider,
• Have applied for and received economic development assistance from the state or local government or another public agency, and
• Affirm that without the Rider, it would not be financially advantageous to build or expand the proposed establishment

Area Development Rider

Vectren’s Area Development Rider (Rider AD) is available to any non-residential customer who:

• Receives electric service under Rate LP or HLF,
• Makes an application to Vectren for service under this Rider,
• Uses at least 300 kVA per year at the facility’s location, and
• Locates in either an urban redevelopment, brownfield redevelopment or economic development zone

Interruptible Riders

Large customers can also lower their power costs by electing to designate a portion of their power level as interruptible.  The Interruptible Contract Rider provides for a capacity credit per kVA equal to 90% of the per kW credit set out in Vectren’s Rate CSP, which was $5.74 as of April 2009 (this credit amount changes periodically).  The Interruptible Option Rider provides for a lower credit amount, with different terms and conditions.

Sales Tax Exemption

In the state of Indiana, customers who are engaged in manufacturing can seek an exemption from sales tax that is otherwise assessed against energy used in the manufacturing process.