CPUD Rate Increase 14.5%

CPUD Rate Increase 14.5%

Clark Public Utility commissioners passed an overall 14.5 percent rate increase for power customers in a 2-1 vote Tuesday morning. The utility has not raised electricity rates since 2011.

“The staff have done a really excellent job over the last 12 years of maintaining rates constantly,” board President Jim Malinowksi said during the meeting. “Events have overtaken us.”

Residential power rates have two parts — a basic monthly charge and a charge billed per kilowatt-hour.

All three of the commissioners supported a 14.5 percent overall increase, the highest of the four options presented at the meeting.

However, Commissioner Jane Van Dyke preferred an option that would have raised residential basic charges to $17 rather than $19. The $19 option was preferred by commissioners Malinowski and Nancy Barnes. (energycentral.com 01.23.24)

For more information read the news article here:

https://energycentral.com/news/clark-public-utilities-rates-will-jump-145-percent-march-1