Managers:  Utility Rate Increases For 2017 Budgets!!Increasing Costs

Board members and homeowners look to community managers for professional guidance on managing their associations for long-term sustainability and sound economic advice.  As October, 2016 approaches, it is budget review and approval time for most businesses and associations.

To help you with your utility budgets for next year, here is a quick recap of major west coast utility company rate changes for 2017:

UTILITY COMPAYPROJECTED UTILITY COSTS:  2017
D.W.P.

The first rate adjustment became effective on April 15, 2016. The second adjustment will take effect on July 1, 2016.  For all customer sectors, including residential, commercial and industrial customers, the average annual rate adjustments are 3.86% for power and 5.26% for water over the rate adjustment period.   For high water users (27 HCF), monthly costs will go up $11.05, or 7.2%, on average each year. 

NV ENERGYNo rate increases expected.
PG&EThe annual average cost increase for electricity will be 5% and the annual average cost increase for gas will be 10%.
PACIFIC POWERNo rate increases expected.
PORTLAND GENERAL ELECTRCNo rate increases expected.
PUGET SOUND ENERGY2.5% annual average cost increase.
SDG&E5% annual average cost increase for both electricity and gas.
SIERRA PACIFIC POWER COMPANYNo rate increases expected.
SOUTHERN CA GAS COMPANY5% annual average cost increase.
SOUTHERN CA EDISON COMPANY3 – 5% annual average cost increase.