Commission to review price increases early next year
EPHRATA, Wash. – Grant PUD Commissioners adopted a $307.3 million budget for 2017 during their meeting on Nov. 8. The budget gives an outline of funding so Grant PUD’s 47,000 customers will continue to be served with affordable and reliable energy.
Along with paying for the daily costs to operate the PUD’s electric and telecommunications system, the budget includes funds for the rehabilitation of generators and turbines at Priest Rapids Dam, which are now almost 60 years old. Funding is also included for upgrades to substations and additional electric system improvements attributed to the needs of our growing county, and new recreation amenities at Crescent Bar to enhance public access.
“Our 2017 budget reflects a commitment to long-term value creation for all customers,” said General Manager Kevin Nordt. “Our customers have been very clear in what they seek – safe, reliable energy at a stable and predictable price. This budget positions us to meet and exceed customer expectations, as well as make meaningful progress toward our vision of excellence.”
The financial forecast calls for an average 2 percent retail price increase. Commissioners will receive recommendations from staff regarding how the increase will be allocated across each customer class early in 2017. Following staff’s recommendation, the board will give the public opportunities for input on proposed price increases before taking action.
Established by local residents over 75 years ago, Grant PUD generates and delivers energy to millions of customers throughout the Pacific Northwest. What began as a grassroots movement of public power has evolved into one of the premiere providers of renewable energy at some of the most affordable rates in the nation. For more information visit www.grantpud.org or follow us on Facebook and Twitter.
Chuck Allen (509) 754-5035 / firstname.lastname@example.org