RATE CHANGES REFLECTED ON OCTOBER BILLS
Customers' bills received in October will be the first reflecting a series of rate increases that went into effect Sept. 1.
Customers using 750 kilowatthours a month will see their electricity bill rise by about $5.17 a month.
The three-stage increase, approved last June after a series of public workshops and hearings, is needed to meet higher costs and protect SMUD's ability to finance operations at competitive rates.
The Sept. 1 increase is 5.5 percent, to be followed by 5.5 percent in March of 2010 and 2.25 percent in January of 2011. Breaking the increase into three stages is intended to soften the initial impact and give customers more breathing room as the recession continues.
During the rate process, changes were also made to the Medical Equipment Discount (MED) Rate. Those rate changes will not begin until January of 2010, and all affected customers will be contacted directly to ensure that they are fully informed.
SMUD rates will remain among the lowest in California, with average rates about 25 percent below those of neighboring Pacific Gas & Electric.
For more information on saving money by reducing energy use, or for rebates on the purchase of energy-efficient appliances, visit SMUD.org or call 1-888- 742-SMUD (7683).