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LMUD Board Adjusts Rates After Quarterly Cost Analysis

lmudupdateThe amount that Lassen Municipal Utility District customers pay for electricity will go up one-half cent per kilowatt hour November 1st. The change came out of Tuesday night’s meeting of the LMUD Board of Directors where a quarterly cost analysis showed the publicly-owned district ‘under collecting’ at its current rate.

After reviewing the cost analysis, which indicated that the District was under collecting by 0.01207 per kilowatt hour, the Board voted unanimously to increase the kilowatt hour charge by 0.005 (1/2 cent) per kilowatt hour.

“This will increase revenue to the District by approximately $650,000 per year,” explained LMUD Energy Services Manager Theresa Phillips. “The average LMUD customer who uses 1,000 kilowatt hours per month can expect to see their bill increase by approximately $5.00 per month.”

The rate increase is scheduled to take effect November 1st, 2015, with changes reflected on the December 2015 bills.

Jeremy Couso
Jeremy Couso Publisher/Editor
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