Attention 168,000 Tacoma Power customers: Your rates are about to go up.
The utility announced today that for the first time in six years “customers will see an increase in the amount they pay for their electric service. Starting April 11, customers’ bills will go up by about a $5 per month. Customers’ bills also will increase by about $5 per month on April 1, 2012.”
The blame goes to “government requirements, low wholesale power prices and higher costs for purchased power from the Bonneville Power Administration.”
“We worked hard to reduce our operating costs to help minimize the rate increase,” said Tacoma Power Superintendent Ted Coates in a noontime release. “After cutting more than 50 positions, delaying non-essential capital projects and cutting back on things like replacing vehicles, we still had a gap to fill.”