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FOR IMMEDIATE RELEASE
June 18, 2015
Electric Rates will Increase on July 1
ALAMEDA, Calif. – Beginning July 1, new electric rates will go into effect for most residential and commercial customers in the City of Alameda. While the rate increase averages 4.6 percent for all residential and commercial customers, the percentage of the increase will vary depending on the customer’s rate class.
Nearly all residential customers will see a $2.25 increase to the customer charge with small changes to the energy charges for tiers 2 and 3. Small commercial customers will see an increase of 6.4 percent to the overall electric rate while medium-sized commercial customers will see an increase of 3 percent. Large commercial customers will see an increase of 6.2 percent.
AMP continues to offer residential rates that average nearly 22 percent lower than neighboring cities like San Leandro and Berkeley and commercial rates that average nearly 18 percent lower. AMP also provides electricity that is generally far more reliable than that of its neighboring communities.
The changes are needed to keep pace with the rising costs of providing high quality, reliable electricity to Alameda. Some of those challenges include increases in operating costs and higher transmission costs.
AMP offers a number of energy efficiency programs and rebates to help customers save money and conserve energy. Additionally, customers who are having trouble paying their utility bills can get help through a variety of financial assistance programs offered by AMP. Information is available on AMP's website.
For more information about AMP's rates or to learn more about how to reduce your energy costs, visit the Rates Overview.
Alameda Municipal Power
2000 Grand Street
Alameda, CA 94501-0263
Office Phone: 510-814-6423