This charge is the wholesale power cost which covers the cost of generating and transmitting power from the power plant to MJM substations. MJM does not generate its own electricity. Instead, we purchase it wholesale from a generation and transmission cooperative in Indianapolis. Like other electric companies, MJM bases its power supplier energy charge on kilowatt hours (kWh). One kilowatt hour is equal to 1,000 watt hours. A watt hour is the amount of energy used by a one-watt load drawing power for one hour. For example, a 100-watt light bulb uses 100 watts of power in one hour.
If your home uses electricity as its primary heating source, you may be eligible for a discount on your rate during the winter months of November, December, January, February, and March.
This charge is for the maximum amount of electrical energy consumed at any given time, measured in kilowatts (kW).
This charge recovers a portion of the cost to get the power from the substation to the meter and is based on kilowatt hours.
This charge covers the cost of maintaining the equipment used to send electricity to your home. This includes the cost of transformers, meters, lines, and poles. Your service delivery charge remains the same each month and is based on your power needs.
The remaining charges on your bill are taxes and any additional services you may have with MJM, such as a security light. Illinois Public Utility Tax is .0032 cents per kilowatt hour.
Frequently Asked Questions
Anyone who pays a $5 membership fee, pays a meter deposit and receives electrical service from MJM Electric is a member of the cooperative. Each member owns a little piece of the cooperative. Since MJM is a not-for-profit company, members don’t make money off its services but do have a say in how the cooperative operates.
All members are invited to attend the cooperative’s annual meeting. The state of the cooperative will be discussed at this meeting, and members can directly affect the operation of the cooperative by voting for directors on a one-member-one-vote basis.
No, MJM is a distribution cooperative. It constructs and maintains the power lines and substations necessary to deliver power to their rural members but does not generate that power. MJM purchases its power wholesale from Wabash Valley Power Alliance in Indianapolis, Ind. Wabash Valley is a generation and transmission cooperative and transmits electricity to 26 cooperatives like MJM across Illinois, Indiana, Ohio, and Missouri.