Cost adjustments

 Cost adjustments

Energy Cost Adjustments

As a not-for-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.

Adjustments are based on a "look back" of the previously forecasted fuel costs and a "look ahead" at projections for the next quarter.

Energy costs are variable and driven by price fluctuations in the coal, natural gas and purchase power market.

On July 28, 2020, City Council approved fuel and capacity charge adjustments for our electric and natural gas customers. The following rate increases take effect Aug. 1, 2020:

  • $3.28 (1.5%) per month for the sample residential customer.
  • $70.75 (5.7%) per month for the sample commercial customer.
  • $685.40 (1.8%) per month for the sample industrial customer.

This rate increase comes on the heels of three consecutive rate decreases we have passed on to our customers so far in 2020.

Customers can calculate how their individual bills will be impacted by the rate increase by using our online bill calculator.
  
Effective Aug. 1, 2020




Sample Total Monthly Bill calculations for current and proposed rates assume:
• Residential - 30 days, 700 kWh (Electric), 60 Ccf (Natural Gas), 1,100 cf (Water Inside City Limits), and 700 cf (Wastewater Inside City Limits)
• Commercial - 30 days, 6,000 kWh (Electric), 1,240 Ccf (Natural Gas), 3,000 cf (Water Inside City Limits), and 3,000 cf (Wastewater Inside City Limits)
• Industrial - 30 days, 400,000 kWh and 1,000 kW (Electric), 12,400 Ccf (Natural Gas), 50,000 cf (Water Inside City Limits), and 50,000 cf (Wastewater Inside City Limits)