Grays Harbor PUD eyes rate increase for 2014
ABERDEEN, Wash. – The Grays Harbor PUD is proposing a rate increase of 3.75%, which would take effect on January 1, 2014. A proposal will be presented to the Commissioners at their next meeting December 16, 2013 as part of the 2014 budget. For the average residential customer, it will add about $4.11 to their monthly bill.
The PUD is facing almost $2 million in increased power costs this coming year, mostly due to the Bonneville Power Administration, from whom the District purchases most of their power, raising their transmission rates by 11% and their power rates by 9% this past October. The utility’s capital budget also calls for $10 million in expenditures deemed necessary to replace aging electrical equipment and to maintain the system.
General Manager Dave Ward is working with staff to lower costs and postpone projects into future budget years when possible. “The PUD staff has worked hard to reduce our budget as a means to mitigate the impacts felt from external costs. We will continue to look for ways to reduce expenses while not negatively impacting our ability to provide safe and reliable service,” Ward said.
Prior to July 2014, the PUD will evaluate the need for an additional rate adjustment of up to 1.75%.