ABERDEEN, Wash. - Grays Harbor PUD is expressing concern and disappointment in response to a proposal by the Bonneville Power Administration to raise power rates by 8.5% for fiscal years 2011-2012. The agency filed the proposal Thursday in the Federal Register.
The proposal launches the public process called a “rate case” which will set the rate for a two year period beginning October 1, 2011. The proposal would result in an estimated increase in power costs to Grays Harbor PUD of approximately $843,000 in 2011 (October 1-December) and more than $3 million in 2012.
“We are disappointed to see this level of rate increase proposed by BPA,” said Rick Lovely, General Manager of Grays Harbor PUD. “This would have a significant impact on what ratepayers pay for electricity and is especially concerning in light of the fact that BPA continues to pursue activities which are costly to public power and provide no benefit to customers of consumer-owned utilities,” he said.