Power Rate to Increase in July
At the April 18 Public Utilities Board (PUB) meeting, members approved a 5 percent overall rate hike to customers of Alameda Municipal Power (AMP). The PUB decided these funds would be used to maintain reliable service while replacing aging infrastructure. The increase will go into effect Friday, July 1.
According to AMP, the increased rates are still 18.6 percent below the average rate charged by Pacific Gas & Electric Co. in other Bay Area cities.
The amount of the increase will depend on the customer’s rate class. A typical residential customer paying $54 per month can expect an increase of about $5.
As a community owned and locally operated electric system, AMP does not make a profit from these rates. Instead, the revenue from electricity sales in Alameda goes directly toward the operation of the system, improving community services and quality of life for residents.
AMP does offer a variety of programs and services for customers who are having trouble paying their utility bills. Energy efficiency programs and rebates are available to customers who reduce their power consumption.
Visit www.alamedamp.com to learn more.