IMPROVING QUALITY OF SERVICE
Rate Increase to the Small General Service Class March 1, 2019
BY STEVE JOHNSON || PRESIDENT AND GENERAL MANAGER - DECEMBER 2018
One of the responsibilities of operating an electric system is to provide the best possible service at an affordable rate. At Yampa Valley Electric Association, our rates have remained among the lowest in the state and the nation for many years. While it is never favorable to make a rate adjustment, it is however necessary to adjust our rates and access costs to adequately operate a safe and reliable electric system.
While virtually all aspects of today’s cost of living continue to rise, we have done our best to avoid cost of service adjustments. With our aging infrastructure and increased exposure and vulnerability to outage events, it is time to invest more time and money into improving our system. Because of this needed increase in system improvements, it is time for a rate adjustment to the Small General Service class of our membership.
An adjustment of 1 cent per kilowatt hour (kWh), and a $2/month increase in the system access cost will be implemented March 1, 2019.
This rate adjustment is to the Small General Service class only and is focused on increased system reliability projects serving our members within this rate class. This also focuses on the alignment of rate equality of all rate classes, so that all rate classes are paying their fair share.
As members, you have told us you want safe and reliable electricity at a reasonable rate. We are working hard to improve our electric infrastructure to better serve you and to keep our region competitive now and in the future. We will continue to evaluate our costs of service and will be completing another study in 2019 ensuring that we are doing our best to remain safe, reliable and affordable.
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For questions regarding rates please call Member Services at 970-879-1160.