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PUD Commissioners Approve 2018 Budget/Rate Increase
PUD Commissioners voted to approve the 2018 Budget during the January 29, 2018, Commission Meeting. As part of that budget approval, Commissioners approved a staff recommended 4.8% average increase in retail electric utility rates and an average 7% retail rate increase for water and sewer customers, the latter of which was approved with the 2017 budget for 3 consecutive years. The approved electric retail rate increase will be effective on all bills rendered on or after April 1, 2018, which includes all usage since the customer’s prior bill. The water and sewer retail rate increases are effective on all bills rendered on or after February 1, 2018, which includes all usage since the customer’s prior bill.
To read about the challenges that impact rate decisions, and the full press release please click here.