“Temporary” surcharge to become permanent under proposal
Roseville, Calif.- Roseville Electric Utility long known for providing the most affordable and reliable electricity in the region is proposing a pair of rate hikes that would see prices jump 18% within a timespan of just 7 months. The first proposed 9% hike would hit consumers on June 1 of this year with an additional 9% increase on New Year’s Day 2025.
The City of Roseville cites “skyrocketing fuel prices, increased operating costs including materials and labor, renewable energy compliance regulations, and a loss of revenue from the state.” A “temporary surcharge” approved in 2022 would become a permanent base rate increase next year.
Double digit hikes
Roseville Electric has faced major revenue shortfalls in previous years and double digit hikes are not unprecedented. Roseville is among a small, elite group of full service cities. Roseville residents and business owners often cite the lower cost and reliability of electricity as a factor in choosing to live and do business in the community.
A series of informational workshops that will also address customer questions will be available in both virtual and in-person workshops.
Virtual Rate Proposal Workshop
January 25, 2024 @ 6 p.m.
Microsoft Teams Live
In-Person Rate Proposal Workshop
February 8, 2024 @ 6 p.m.
Roseville Electric Customer Service Center
116 S. Grant St., Roseville