FOR IMMEDIATE RELEASE
City of Alameda's Electric Rates to Change in July
ALAMEDA, CA – Electric rates will change on July 1 in the city of Alameda. At its regular meeting on April 15, the city’s Public Utilities Board approved a 2.5 percent overall average rate increase for residential and commercial customers.
AMP’s rates will still average approximately 16.5 percent lower than those in neighboring communities, saving Alamedans a total of $12 million.
A typical residential customer with an average bill of $63 can expect to see an increase of $2 to his or her monthly bill. By comparison, PG&E’s average electric bill in neighboring communities is $76. The percentage of the increase will vary depending on the customer’s rate class. Residential customers will see an increase of up to 2.9 percent.
As a community-owned and locally operated electric system, AMP does not make a profit on rates. The revenue from electric sales goes toward operation of the system and then to the community through annual transfers of $5.5 million to the city’s general fund for valuable community services.
AMP offers a variety of programs and services for customers who are interested in understanding their energy use or who are having trouble paying their utility bills. The programs include a free, in-house energy review; the energy assistance program for qualifying low-income customers; and a medical discount program. Visit www.alamedamp.com to find more information on AMP’s rates and how to manage energy usage.
Alameda Municipal Power (AMP) is a department of the city of Alameda that has served residents and businesses for 132 years. AMP provides power to more than 34,000 customers at rates that average 17 percent below neighboring communities.
Contact: Kathleen Haley
Alameda Municipal Power