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EWEB Considers 5% Electric Rate Increaseby Angela KellnerKLCC, September 5, 2011 |
EUGENE, Ore., -- The Eugene Water and Electric Board is proposing to raise electric rates by 5% this fall. EWEB says it would cost average residential customers an additional $4.24 a month.
The Bonneville Power Administration is increasing wholesale power rates and EWEB says this is generally passed on to customers.
Also, under a new contract, Bonneville will sell less power to EWEB, thus decreasing the amount of revenue the Eugene utility can make by selling the power on the wholesale market.
The public can comment on the proposed rate increase at two public hearings. The first is Tuesday at 7:30 p.m. in the North Building at EWEB headquarters in downtown Eugene.
EWEB's Board of Commissioners is expected to vote on the issue following a second public hearing October 4th.
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