Utility rates in Palo Alto are set to go up by 6 percent in July, an increase that utilities officials attribute largely to growing transmission costs and new renewable energy projects coming online.
The rate change was part of a wider package of adjustments that the Palo Alto City Council approved on Monday night. As part of its 8-1 vote, with Councilman Greg Tanaka dissenting, the council also raised water rates by 3 percent and raised wastewater rates by 11 percent.
. . . “One of the main drivers for the electric rate increase that we are requesting is increases to our electric supply costs, mainly driven by transmission costs we’re seeing from bringing in renewable power systems throughout the state of California,” Rates Manager Eric Kennison told the committee.
View Article