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5.1. ERMUSR 10-13-15
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5.1. ERMUSR 10-13-15
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ERMUSR
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10/13/2015
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growth related to new construction and territory acquisition and final wholesale power <br /> cost increases. The final GRE board approval of wholesale power rates usually comes by <br /> early December. Typically,there is some adjustment of the rate structure and that may <br /> impact us more than 3%. This will need to be adjusted prior to final budget approval. <br /> Similar to the water expense budget,this draft does not reflect any increase in ERMU <br /> electric rates. Without any electric rate increase, the electric department would see a <br /> potential loss of$437,071 or-1.3%margin. In the recent past we have designed for a <br /> 1.5%margin. There is new growth and territory acquisition to include on the revenue <br /> side as well and using last year's number is not appropriate,but it does provide a <br /> baseline. The rate design will be completed for the November meeting. <br /> ATTACHMENTS: <br /> • Proposed 2016 Electric Expense Budget <br /> • Proposed 2016 Water Expense Budget <br /> ng, <br /> PONEBED 8V <br /> Page 2 of 2 NATURE <br /> Reliable Public P ()WERE]) T O S CRY! <br /> Power Provider <br /> 69 <br />
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