Rates Are Changing April 1
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The PUD’s Board of Commissioners approved a 4.9% rate increase for residential customers during the Jan. 21 Board of Commissioners meeting. The commissioners also approved 4.1% and 3.6% rate increases for small- and medium-sized business customers.
All rate increases for PUD customers will go into effect on April 1, 2025.
Residential customers: The rate increase for PUD residential electric customers will only be applied to the base charge. The energy charge for residential customers remains at 10.26 cents per kilowatt-hour. The typical residential customer will see an average increase of about $4 for small (multi-family customers or those with an amp size below 100), and about $6.40 for medium customers (majority of single-family homes), to their bill each month (see chart below).
The rate increase for residential customers is slightly higher than the rate increase to small- and medium-sized business customers to better align with the PUD’s cost-of-service analysis.
Small business customers (Sch. 25): The rate increase will impact both the base charge and energy charge. The base charge will increase 80 cents per day, while the energy charge will decrease 0.635 cents per kilowatt-hour to 8.365 cents/kWh. For customers with an average monthly usage of 1,000 kWh, the rate increase will result in a bill increase of about $18 each month.
Medium business customers (Sch. 20): There will be no change to the base charge or demand charge. The only increase will be applied to the Second Tier (>30,000 kWh) energy charge, which will increase 2.353 cents/kWh in spring (April-June) and 0.353 cents/kWh the rest of the year. The First Tier (<30,000 kWh) energy charge will decrease 0.635 cents/kWh. All changes to the medium business customers’ rates will equalize the energy charge for all seasons and tiers.