Business & Real Estate

First of SMUD workshops on rate increases set for Wednesday

The Sacramento Municipal Utility District’s board of directors is holding two public workshops and a public hearing to discuss proposed rate changes slated to begin in January 2016.

All three meetings will be held at SMUD’s headquarters building at 6201 S St.. The first public workshop will be held at 6 p.m. Wednesday.

A second workshop is scheduled for 10 a.m. on May 13, followed by a public hearing at 9 a.m. on June 18.

The SMUD proposal calls for a rate increase of 2.5 percent in both 2016 and 2017 for all customers. The proposal cites increased costs to meet renewable energy contracts as well as increases for materials and operations.

Also included is a proposed optional “time of use” residential rate, which would align pricing of electric service with the actual cost of its delivery. SMUD’s business customers have already made the transition to TOU rates.

The SMUD proposals can be seen at smud.org/rateinfo or at all Sacramento County public libraries. Rate questions also can be asked by calling (916) 732-6222.

Call The Bee’s Mark Glover, (916) 321-1184.

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