Overview of changes
In 2020 and 2021, business customers will experience several changes to their rates.
The rate increases will follow the schedule below:
|January 1, 2020||3.75%||January 1, 2020||2.75|
|October 1, 2020||3.00%||October 1, 2021||2.00%|
In 2021, there will be a commercial rate restructure which will include:
- An increase in fixed rates charges
- An adjustment to demand charges for consistency across all customer rate categories
- Changing commercial time periods to Time-of-Day
Updated time periods
Why is my rate increasing?
As your community-owned, not-for-profit electric service, we work hard to control costs and operate as efficiently as possible. The increase is driven by the following external factors:
We’re increasing our capacity to provide electricity to ensure we can reliably serve customers’ energy needs during times of peak demand.
We’re deploying new and enhanced technology solutions to support cyber security, customer experience, improved reliability and distributed energy resources.