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Electric Rates Going Up

Alameda Municipal Power Office

The City of Alameda’s Public Utilities Board approved an electric rate increase this week.(File Photo)

Earlier this week, the City of Alameda’s Public Utilities Board unanimously approved the fourth year of Alameda Municipal Power’s five-year rate hike plan. The overall average rate increase is 3.25 percent, and will go into effect July 1st.

The utility wrote in a prepared statement that a typical residential customer with a monthly bill of $53.04 will see another $2.64 tacked on to that after the increase. Increases for commercial users will vary depending on electricity use.

The city-owned power company says that the increases are needed due to higher power transmission costs outside of its control, increased operating expenses, and the replacement of a long-term power contract in 2014 with a new, more expensive, contract.

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