Franklin PUD holding public hearings to discuss possible rate ac - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Franklin PUD holding public hearings to discuss possible rate action

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PASCO, WA - At the February 28th, 2017 meeting, the Franklin PUD Commission voted to authorize staff to hold a series of public hearings to communicate information on a proposed rate action and rate design changes.

Franklin PUD staff will hold three public hearings to present information and take comments on the 2017 Proposed Rate Action. The public is invited to attend and make comments.

Connell:
Tuesday, March 14th, 2017

12:00 pm – 1:00 pm

Michael Jay’s Restaurant, 710 S. Columbia Ave., Connell, WA

Pasco:

Wednesday, March 15th, 2017

5:30 pm – 6:30 pm

Franklin PUD Auditorium, 1411 W. Clark St., Pasco, WA 99301

Thursday, March 16th, 2017

5:30 pm – 6:30 pm

Franklin PUD Auditorium, 1411 W. Clark St., Pasco, WA 99301

Written comments may be delivered to 1411 W. Clark Street, Pasco, WA or mailed to Franklin PUD, PO Box 2407, Pasco, WA 99302-2407.  Please include author’s name, physical address, and telephone number.  Written comments must be received no later than March 13, 2017 in order to be included in the hearing.

On February 14th, 2017, Franklin PUD staff and the Rate Advisory Committee (RAC) met and discussed the revenue requirement, cost of service, rate design and various rate increase scenarios. The RAC recommended to the Commission a 4.1% overall rate revenue increase for all classes effective May 1, 2017. The Residential Basic Charge will remain at $34. It was also recommended to combine the Small Irrigation and Large Irrigation customers into one rate class, effective January 1, 2018.

Rising power and transmission costs from the Bonneville Power Administration (BPA) are the main drivers for the proposed rate increase.  Franklin PUD buys about 85% of its power from BPA, the Pacific Northwest’s largest energy marketer. In October 2015, BPA’s wholesale power rate increased, which impacted Franklin PUD with an increase of about 6% and we are expecting an additional increase from BPA in 2017.   While power costs represent nearly 70% of the annual budget for Franklin PUD, we continue to look for internal efficiencies and cost reductions to keep rates as low as possible. Franklin PUD did not implement a rate increase in 2016.

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