Rate Increase Approved
COMPANY NEWS
Elmhurst Mutual Power and Light (EMP&L) announces a rate increase (5/2022) —
EFFECTIVE June 1, 2022
As the Owners of Elmhurst Mutual are our Customers, we should all be proud that our power rates have remained as among the lowest in the United States. In January of 2022, the U.S. Energy Information Administration reported the average residential rate per kwh in the United States as 13.72 cents. The average residential rate per kwh in Washington State is 9.76 cents. Our customer owned Elmhurst Mutual was approximately 5.7 cents, far below the National and State average.
Our last rate Elmhurst rate increase was in 2019. The decision to adjust rates for 2022 wasn’t taken lightly. The EMP&L Board voted on the rate adjustment during the monthly meeting on May 10th, 2022. “We work hard to keep our costs low for our community, however we have to collect the funds to pay for the increases in overhead costs including our BPA power and the recent national inflation which has raised costs for our suppliers,” Bryan Bertacchi, General Manager, said Tuesday. He added, “This moderate increase in our rates will help us keep up with the inflation that we have all seen recently in our community”.
After careful consideration, our Board has approved a modest increase of 5% overall in the rates, compared to much larger increases by our suppliers and other 3rd party costs. By June 1, 2022, the typical average monthly bill will increase from $79 to $83. The Elmhurst website will be updated by 5/27 to provide details of the increased rates.
In addition, our standard Late fees will go back into effect as of June 1st 2022. These were suspended during the COVID-19 pandemic. If payment is not received within 28 days of the billing date, then an $8 or 8% late fee (whichever is greater) will be added to the balance. Please contact our office with any questions.
In addition, our standard Late fees will go back into effect as of June 1st 2022. These were suspended during the COVID-19 pandemic. If payment is not received within 28 days of the billing date, then an $8 or 8% late fee (whichever is greater) will be added to the balance. Please contact our office with any questions.
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