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| PUD Says "Your power bill may rise in April" | |
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| Tweet Topic Started: Jan 22 2009, 09:51 PM (213 Views) | |
| Betsy Ross | Jan 22 2009, 09:51 PM Post #1 |
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Administrator
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By David Chircop Herald Writer EVERETT -- Snohomish County PUD customers could see their energy bills increase this spring for the first time since 2001. The 300,000-customer public power utility is proposing an electricity rate increase starting in April, and it comes amid escalating labor, materials and maintenance costs. With a systemwide average rate boost of 3.5 percent, the jump is significantly lower than the 18 percent rate increase the utility was forced to pass when wholesale electric rates skyrocketed during the 2001 West Coast energy crisis. "People have indicated they understand and can plan for modest rate increases," said Steve Klein, the PUD's general manager. The average residential electric bill would increase by $3.41 per month, according to the utility. The PUD Board of Commissioners has two meetings scheduled to consider the rate increase and hear from the public. Both meetings are scheduled for Feb. 3. The board is expected to take a final vote at its Feb. 17 meeting. In the long term, the utility hopes to stabilize rates through smaller and more frequent rate increases, Klein said. For the rest of the story: http://www.heraldnet.com/article/20090122/NEWS01/701229900#Your.power.bill.may.rise.in.April.the.PUD.says |
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| LiveFree | Jan 23 2009, 01:47 PM Post #2 |
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In the long term, the utility hopes to stabilize rates through smaller and more frequent rate increases, Klein said. I think what Klein meant to say was that in the long term, the PUD hope to increase rates less noticeably by small and more frequent rate increases. Stabilizing rates would mean keeping them the same. |
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| Minarchy4Sale | Jan 24 2009, 07:25 PM Post #3 |
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I am afraid that this kind of thing is going to be happening more and more frequently when the banks finally start to dump all this new liquidity they are getting into buying up stuff, and it becomes clear how worthless the dollar really is. Does anyone know how the utility district operates here? Do we have anyone tied into the county commissioners (or whatever other governing body exists in snoco?) We really need to be on the lookout for someone (usually a foreign company) offering to buy up these public monopoly corporations and 'privatizing' them, like they are already doing in Texas with roads and water companies, etc. |
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6:42 AM Jul 11
