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Economic and dam related articles

Okanogan PUD 3.75 Percent Average
Rate Increase Begins April 1

by Mike Maltais
Quad-City Herald, March 27, 2023

Okanogan PUD Rate Explanation. Courtesy Okanogan PUD OKANOGAN -- The county PUD's cost of power adjustment (COPA) will be delayed while the PUD waits on final financial statements from power sales. Previously announced rate changes will still occur April 1.

Each year, the PUD calculates the COPA based on the actual cost of power the year before. However, some of the 2022 power purchases by the PUD had errors which are being corrected by the agencies that schedule and provide our power. The COPA will remain at $0.003057 per kilowatt-hour until the annual financial statements are available.

Rate changes April 1 average to about 3.75 percent overall, with different amounts per customer class depending on their actual cost of service.

In other business, the PUD board held a March 13 workshop with Energy Northwest, which is exploring the possibility of building a small modular nuclear reactor. Energy Northwest already operates the Columbia Generating Station nuclear plant, along with wind, solar and storage projects. The PUD already has a power contract with Energy Northwest for Nine Canyon Wind energy and has expressed interest in purchasing additional baseload nuclear energy if the new nuclear project is built.

Related Pages:
Okanogan PUD Rates Going Up by Staff, KOZI, 3/30/22

Mike Maltais
Okanogan PUD 3.75 Percent Average Rate Increase Begins April 1
Quad-City Herald, March 27, 2023

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