Pre-scheduled Rate Increase Begins July 5th

The third of four rate increases approved by the PUD Board of Commissioners in 2021 goes into effect on July 5th.

Chart with rate schedule for 2021-2024.
Rate schedule for 2021-2024.

Rate increases were instituted gradually by the commission to reduce short term impacts on ratepayers while helping to cover long term capital expenses needed to provide safe and reliable service that improve quality of life.

Customers will see the base rate increase and tiered power rates applied to July bill (see chart for rate schedule).

Substation crews working the middle of the night to place a new transformer at the Port Ludlow Substation. Crews climb to the top of the transformer to connect to the system.
Aging utility equipment, such as this 54-year-old Port Ludlow transformer, require constant specialized upkeep and replacement due to age and ever-increasing demand.

In 2023 the PUD replaced one 50+ year-old substation transformer and put out a bid to replace a second transformer that just turned 60. In the coming years, up to 3 additional transformers need replacement, as do multiple other large and expensive components in our substations. Also needing replacement are many 30+ year old direct-buried cables.

The PUD is midway through a $4M district-wide meter replacement project. In all the PUD anticipates nearly $35M in capital improvements by 2030, including upgrades to meet increased demand and clean energy standards. Inflation, supply chain and labor shortages, and rising wages also add to the cost of providing power. 



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