Laserfiche WebLink
The proposed 2017 electric rates are: <br /> Residential <br /> Basic Monthly Electric Charge ... ... ... ... ... ... $13.00/Month <br /> Summer Energy Charge(May-Sep) ... ... ... ... ... $0.1363/kWh <br /> Winter Energy Charge(Oct-Apr) ... ... ... ... ... $0.1209/kWh <br /> Non-Demand Commercial <br /> Basic Monthly Electric Charge ... ... ... ... ... ... $25.00/Month <br /> Summer Energy Charge(May-Sep) ... ... ... ... ... $0.1306/kWh <br /> Winter Energy Charge (Oct-Apr) ... ... ... ... ... $0.1089/kWh <br /> Demand Commercial(50kW peak or greater) <br /> Basic Monthly Electric Charge ... ... ... ... ... $70.00/Month <br /> Energy Charge ... ... ... ... ... ... ... ... $0.0658/kWh <br /> Summer Demand Charge (May-Sep) ... ... ... ... ... $16.94/kW <br /> Winter Demand Charge (Oct-Apr) ... ... ... ... ... $11.99/kW <br /> The proposed rates will result in increases under 1% for typical customers in all classes. This is <br /> equivalent to a$16 per year increase for a typical residential customer. In addition,the budget reflects <br /> providing a$1/kW demand reduction for commercial demand customer for all of 2017. Increases to off- <br /> peak rate would be minor and as indicated in the cost of service rates study. <br /> Water Depai Intent Revenue and Expense Budget <br /> The proposed 2017 water budget reflects a 5.8% decrease in revenue with a total budget of$2,848,417. This <br /> water budget results in a negative 14.7% projected margin,yet a projected$955,333 net to reserves. <br /> Notable items in the water budget for 2017 are: <br /> • Up to a 2.5% COLA for all four pay plan groups; <br /> • Conservative estimate for usage growth; <br /> • Consultant costs for cyber and physical security assessment; <br /> • Preliminary Field Services Facility expansion planning and site prep. <br /> • Sandblasting Well#4 filter; <br /> • Replacement for pickup trucks#26 and#25; <br /> • NISC iVue Connect and Mosaic applications; <br /> As in the electric rate design,the proposed rate design also continues the direction of shifting to more fixed <br /> cost recovery to mitigate revenue recovery volatility related to weather. The proposed 2017 residential <br /> water rates are a 2.91% increase to the first tier and a 2.55% increase in the basic monthly charge: <br /> Residential(1 Unit= 1000gallons) <br /> 1st Tier Unit Cost(0—9,000 gallons) ... ... ... $1.77/Unit <br /> 2nd Tier Usage(between 1st Tier and up to 15,000 gallons) ... ... $3.50/Unit <br /> 3rd Tier Usage(over 2nd Tier usage) ... ... ... ... ... $4.00/Unit <br /> 5/8"Basic Monthly Water Charge ... ... ... ... ... $8.86/Month <br /> These rate changes result in a projected 2.35% annual water cost increase for a typical residential <br /> customer. This is the equivalent to a$6.00 per year increase for these customers. <br /> In >P0 IHIU BY <br /> Page 2 of 3 NATURE <br /> Reliable Public <br /> Power Provider POWERED To S ERV E <br /> 76 <br />