AMP customers to save $63.6 million this year with rates 44.5% lower than PG&E

ALAMEDA, CA – At its regular meeting on April 21, the Alameda Public Utilities Board (PUB) approved a four percent system average rate increase for FY26 effective July 1st, 2025. This rate adjustment allows AMP to maintain its power reliability, system operations, and clean energy goals as a benefit to the Alameda community.  

Customer rates are still approximately 44.5% lower than neighboring investor-owned utilities such as PG&E, saving Alamedans a total of $63.5 million annually.  

AMP is a community-owned and locally operated clean electric system and does not make a profit on rates. The revenue from electric sales goes toward the operation of the system, customer-facing programs, and to the community through annual transfers of $6 million to Alameda’s general fund for essential services.  

AMP is proud to deliver safe, reliable, cost-effective, and 100% clean electricity to the City of Alameda. It is a demonstrated leader in the promotion of energy efficiency and building and transportation electrification, and offers several electrification rebates for residential and commercial customers. Financial assistance programs are also available for qualifying customers. Learn more at www.alamedamp.com.