Seattle City Light submitted to the City Council today a rate schedule for the next two years that follows the directions Mayor Jenny Durkan gave us during development of our Strategic Plan, which was approved in June.
Low revenue from the surplus energy Seattle City Light sells to other utilities has triggered a 1.5 percent surcharge on electricity rates, starting in August.
Seattle City Light delivers reliable, environmentally responsible electricity to all our customer-owners at the best price in any large city in the country.
As part of a six-year Strategic Plan to maintain reliable, environmentally responsible electricity service for our customers and enhance the services provided in several key areas, a modest rate increase will take effect Jan. 1. The average increase is 4.2 percent.
Improved water conditions in the rivers that power Seattle city Light’s hydroelectric dams are brightening the utility’s financial forecasts and helping to hold down costs for customers.
Seattle City Light customers can expect to keep more green in their pockets thanks to February’s record-setting snowfall in the mountains and this month’s additional storms. The increased snowfall means a greater snowpack for use in generating electricity at our hydroelectric dams. According to the most recent financial forecast, the… [ Keep reading ]
Seattle City Light’s successful efforts to hold down operating costs in 2013 could lesen the potential impact of surcharges that could be triggered by low wholesale energy prices and below normal snowpack could have on its customers.
Low prices on the electricity Seattle City Light sells to other utilities and uncertainty about how much snow might fall in the mountains to feed the utility’s hydroelectric dams could trigger an automatic surcharge on customers’ bills later this year. Here’s what that could mean for you.
Before cold winter weather returns to the Seattle area and starts driving up heating costs, Seattle City Light is working to help income-eligible customers cut their utility bills by 60 percent.
