Laserfiche WebLink
GO GREEN, $AVE GREEN <br />WITH ERMU <br />0% Increase to Electric Rates in 2024 <br />Elk River Municipal Utilities (ERMU) is excited to announce the <br />utilities commission approved a zero percent rate increase for <br />electric service in 2024. The decision to maintain the current <br />electric rates for the upcoming year reflects ERMU's ongoing <br />efforts to provide reliable, affordable electricity to its customers. <br />"The decision to hold electric rates steady in 2024 is a testament <br />to our commitment to the well-being of our community;" said <br />General Manager Mark Hanson. "We are grateful for the hard <br />Work of our staff, the dedication of our commission members, and <br />the competitive pricing from Minnesota Municipal Power Agency, ERMU's Wholesale power <br />provider. All were instrumental in stabilizing electric rates for 2024." <br />Saving money, decreasing <br />ERMU continually invests in infrastructure improvements, technological advancements, and <br />energy usage, and conserving <br />operational efficiencies to provide reliable and cost-effective electricity to its customers. By <br />resources has never been <br />carefully managing resources and exploring innovative solutions, ERMU remains dedicated to <br />easier with programs and <br />rebates from ERMU. Take a <br />delivering high -quality service while keeping rates affordable. <br />closer look at the many Ways <br />The commission also approved a two percent increase to water rates for operating expenses <br />residential and commercial <br />needed to maintain the high -quality water services customers depend on. <br />customers can save. <br />As a public utility, ERMU is owned by those it serves, with a stated mission to provide <br />RESIDENTIAL <br />customers with safe, reliable, cost-effective, and quality long-term electric and water utility <br />> AC Tune -Up <br />services. <br />> Energy Efficient Appliances <br />> Electric Vehicle Charger <br />AM I Meter Installation Set to Begin in March <br />> HVAC <br />> Irrigation Tune -Up <br />ERMU will begin installing smart meters this March, ushering in the acE� MFpF <br />> Water Conservation <br />next phase of the Advanced Metering Infrastructure (AMI) project. , R,tic <br />COMMERCIAL <br />PIA <br />This round of installations will replace approximately 500 electric R <br />M <br />ERMU's territory. Once this initial deployment <br />> Lighting <br />meters across service <br />is complete and evaluated, ERMU Will move forward With installing <br />RERDS> <br />HVAC <br />electric meters by neighborhood, with the assistance of Allegiant <br />> VFD and ASD Drives <br />> Other Equipment <br />Utility Services. For project updates and information, please visit the �,pgSrRuc�JQ` <br />FEATURED NEWS section of our website at ERMUMN.COM. <br />> Custom Grants <br />Click the "Programs & Rebates" <br />tab at ERMUMN.COM to learn <br />more or simply scan the OR <br />2023 <br />ELECTRIC <br />+ <br />' WATER <br />ERMU <br />DEPARTMENT <br />DEPARTMENT <br />code below. <br />STATISTICS <br />Energy Sales 329,773,349 kWh <br />Water Sales 953,043,000 gallons <br />❑� ❑�ti <br />Peak Demand 76 MW <br />Peak Day Usage 6,803,000 gallons <br />r <br />Electric Meters 13,232 <br />Customers 5,611 <br />Miles of Electric Lines 635 <br />Miles of Water Main 126 <br />(83.5% is underground) <br />