Electric Cost Adjustments and Gas Cost Adjustments

 Electric Cost Adjustments and Gas Cost Adjustments

Energy Cost Adjustments

As a non-profit, community-owned utility, we pass changes in fuel costs—up or down—directly on to our customers. While we monitor fuel costs monthly, we usually ask for adjustments quarterly.

At the City Council meeting on April 24, 2018, City Council unanimously approved a rate adjustment to both the Electric Cost Adjustment (ECA) and the Gas Cost Adjustment (GCA). The new rates went into effect on May 1, 2018.

The ECA decreased 1.4 percent for the typical residential customer, 1.9 percent for the typical commercial customer and 2.2 percent for the typical industrial customer. The GCA increased 8.4 percent for the typical residential customer, 13 percent for the typical commercial customer and 13.6 percent for the typical industrial customer.

The following table details the net changes for typical residential, commercial and industrial customers, based on use of 60 CCF, 1,240 CCF and 12,400 CCF respectively.

New rate changes effective May 1, 2018