PUD plans electric rate increases

PUD plans rate increases

The price you pay for Chelan County PUD electrical service will be going up as early as next year according to General Manager, Steve Wright. NCWLIFE’s Steve Hair has the details. . .

The rate increases are being proposed as part of the public utility’s long-term strategic plan. Wright says public engagement played an integral part in establishing topics of greatest concern.

Wright tells NCWLIFE News that the District has already achieved one of its goals to pay down long-term debt as identified in the last five-year plan. As a result Commissioners are considering establishing a rainy-day account funded by a three percent electric rate increase starting in 2021.

Wright says the increase would also help offset possible losses in future revenue from the sale of surplus power on the wholesale market .

The PUD is also looking to bring water, waste water and wholesale fiberoptic services closer to being self-sustaining through rate increases. The plans are scheduled for final board action in October.

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Steve Hair
Steve Hair is a 40-year veteran broadcast journalist who comes to NCW LIFE TV after a long career in radio. Steve and his wife Lynette and their three sons moved to the Wenatchee Valley from Central California in 1992. Steve served as News Director for KPQ News where he covered a multitude of stories of importance to North Central Washington, including two of Washington State’s largest wildfires. During his radio career Steve has received many awards from organizations such as the Associated Press, (Sacramento and Seattle Bureaus) The Washington State Farm Bureau, and the California Medical Association. Steve is a sports addict. Time off usually finds him sprawled out on the couch watching the Seahawks, Mariners or anything that prevents him from doing house chores.