RPU study reveals need for rate increase - KTTC Rochester, Austin, Mason City News, Weather and Sports

RPU study reveals need for rate increase

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ROCHESTER, Minn. (KTTC) -- The Rochester Public Utilities Board reviewed results of the Electric Cost of Service Study at a board meeting on Tuesday night.

The board commissioned the rate study to ensure rates were fair and balanced across the board.

More than 20 rate classes were included in the study. The study revealed an increase is needed at some point to ensure the stability of the organization. It suggested an overall general rate increases for 2015-2017 would be 3.5 percent in 2015, and 1.7 percent in the years following.

"It's really kind of what we expected, we put some parameters in there. We wanted to make sure we maintain support of the system,” said Rochester Public Utility Board President Jerry Williams. “We also wanted to make sure we make it easier for people who want to go into wind power or solar power to have easier access to the grid with a more stable kind of program, so that's a real positive coming out of this."

If the study is accepted, the board will decide whether to also accept the proposed rate increase for the next three years.

RPU would notify customers of the proposal and public hearing scheduled for the end of August before the proposal would go to Rochester City Council. The proposal decision is expected in the next month.

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