Roseville Electric Utility works hard as your community-owned utility to minimize costs and operate as efficiently as possible. However, these are challenging times for the electric utility industry, especially here in California.
The need for rate increases is due to several factors. Like other utilities throughout the state, we are facing skyrocketing fuel prices, increased operating costs including materials and labor, renewable energy compliance regulations, and a loss of revenue from the state.
As a result, we are proposing two consecutive 9% rate increases across all customer classes. The first 9% increase would go into effect June 1, 2024, and the second 9% increase would go into effect January 1, 2025. As part of the proposal, the temporary energy surcharge that was approved in 2022 will become a permanent base rate increase in 2025.
To provide additional information and answer customer questions, we are hosting three public workshops beginning in early January.