| || |
Roseville Electric is currently exploring rate changes to ensure our utility remains financially solvent and our customers continue to get competitively priced power and reliable electric service.
The Roseville City Council has the sole authority to set utility rates. Roseville Electric is recommending a 2 percent increase effective July 1, 2013 and 2 percent increase effective July 1, 2014. The consultant also recommends Roseville Electric increase its basic service charge to $14 in July 2013 and to $18 in 2014.
We take any rate changes seriously. As a community-owned electric utility, we are charge customers based on our costs.
There are significant factors that go into determining a rate structure. It is a very fluid and complex process that takes into account some of the following factors:
- Buying and generating power
- Buying renewable energy
- Setting aside funds for the rehabilitation fund and rate stabilization fund
- Providing funds for customer rebates and energy efficiency service
- Compliance reporting
- Fixing and upgrading the existing cables, poles, transformers, and substations
- Developing plans to expand the existing system for new businesses and homes
- Annual community reinvestment for street lights, traffic signals, police, parks and recreation, fire, and libraries.
Roseville Electric energy analysts create multi-year Integrated Resource Plan to understand how much electricity the utility must buy or generate. The forecast also provides an analysis on what the energy will cost, both in the short and long term.
Roseville Electric does both. We buy power – including renewable energy – and also generate power.
We generate power at the Roseville Energy Park when it's more expensive to buy it. We buy power, when it’s cheaper to purchase, than to generate. That’s the way our power plant was designed to operate. It runs when it's cost effective.
Roseville Electric's outreach process begins in February. Representatives of the utility are scheduled to attend service club and neighborhood meetings to explain the proposal. Additionally, Roseville Electric is hosting two public meetings:
- 6:30 p.m., Tuesday, Feb. 19 at the Maidu Community Center, 1550 Maidu Drive
- 2:30 p.m., Thursday, Feb. 21 at Riley Library, 1501 Pleasant Grove Boulevard
The Roseville Public Utilities Commission will review Roseville Electric’s rate proposal at 7 p.m., Tuesday, Feb. 26 in the City Council Chamber, 311 Vernon Street. The meeting is open to the public and will also be broadcast on Government Access Channels (Comcast 14/SureWest 73). The public can also watch the live broadcast online at http://www.roseville.ca.us/.
The City Council is tentatively scheduled to consider Roseville Electric's rate proposal in March 2013.