Roseville City Council Adopts Electric Rate and Fee Adjustments
The Roseville City Council voted 4-1 to adopt Roseville Electrics Rate and Fee Adjustments at its meeting December 5th. The adjustments will appear on customers February bills beginning in 2008.
The two-year proposal was necessary to offset a projected $85 million deficit by 2012. Roseville Electric continues to experience increasing capital and power supply costs, including costs associated with reducing greenhouse gas emissions and electricity consumption.
The recommended rate and fee adjustment option includes:
Increasing electricity rates by approximately 6 percent effective February 2008 and 6 percent effective in February 2009
Establishing a third tier for residential customers who use more than 1,000 kWh in a month
Establishing a Climate Change Mitigation charge for all customers
Reestablishing the Electric Backbone Recovery Fee that is paid by developers prior to the construction of their projects. The fee will be effective July 2008.
With the proposed adjustment, Roseville Electric rates will continue to among the lowest compared to other electric utilities in the region.