Rate Increase Approved

COMPANY NEWS

Elmhurst Mutual Power and Light (EMP&L) announces a rate increase (11/12/2019) —

Our customers benefit from the low cost of power from our community owned electric utility.   Although we manage and maintain the wires and local distribution equipment, we do not generate power. We purchase our power from the Federally owned Bonneville Power Authority (BPA) which provides for some of the lowest power costs in the nation which we pass on to our customers.  The cost of that power, along with other EMP&L overhead costs, have increased, causing us to raise our fixed monthly fee from $20.00 to $22.00.

For our customers, this means an increase of $2.00 per month.  A typical residential customer uses approximately 1,000 kWh each month. So, by January 1, 2020, the average monthly bill will increase from $77 to $79.

The decision to adjust rates wasn’t taken lightly. The EMP&L Board voted on the rate adjustment during the monthly meeting on November 12th, 2019. “We take a strong position to keep our costs low for our community, however we have to collect the funds to pay for the increases in costs including our BPA power,” Victoria Lincoln, Board President, said Wednesday.  She added, “We prefer to approve moderate increases in our rates to keep up with the inflation that we all see in our community, rather than delaying and implementing large increases.”

In the Spring of 2020, the EMP&L staff will be reviewing the $/kWh rate and the cost of our services, to ensure that the utility is adequately covering our costs of community owned utility operations.  At that time, the EMP&L Board will review recommendations from staff for additional changes.

 

 

 

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