The wholesale cost of power for PCRPPD is increasing by 2% year-over-year from 2024. Your February 20th billing will reflect this increase.
Inflationary increases on material costs and wages are unavoidable, but please know we look for all opportunities to save on expenses in an effort to reduce the impact to rates. We are currently working with FEMA for reimbursement on costs resulting from May storm repairs. We are also finalizing details of a significant Federal grant award for a transmission project that will greatly improve the resiliency of PCRPPD’s transmission system. We hope to share more details with you soon on this exciting opportunity.
Our goal is to safely provide reliable, affordable power. All PCRPPD directors and employees are also PCRPPD customers, and we feel any price increase along with everyone else. Public Power is owned, managed, and operated by its customer-owners. PCRPPD is not in business to make profits for shareholders; any margins at the end of the year are reinvested in maintaining, strengthening, and growing your electric system. We will diligently continue to work to provide you with the best value possible in your electric service.
Please reach out to us with any questions, learn about ways you can save on your electric bill, or discuss the latest energy savings advice.
