REFUNDS FROM INDIAN RIVER CLOSURE TO BE CREDITED TO MSC CUSTOMERS WITH AUGUST BILLING Thanks to the advocacy work on behalf of the MSC and our customers by the Delaware Municipal Electric Corporation (DEMEC). MSC received a refund in the amount of $182,000 for a portion of costs paid related to the closing of the Indian River Power Plant. At their July meeting, the Commissioners of the MSC unanimously voted to return these funds to MSC’s customers in the form of a one-time, negative power purchase adjustment on the August billing. This credit will show on customer’s bills as “IR REFUND.” The amount of your credit is based on your kWh consumption from July 13 - August 12 multiplied by $0.02351 More Info