Longmont City Council Considering Utility Rate Changes

The Longmont City Council is considering an update to Longmont’s electric and wastewater rates.

City Staff presented an introduction to updated Electric & Wastewater Rate Studies in June 2022. The rate analysis process included determining revenue requirements and performing a cost of-service analysis for both the electric and wastewater funds.

Staff noted that for electric, a change in the cost of power provided by Platte River Power Authority (PRPA) and increased operating expenses have necessitated a recalculation of customer rates to ensure that the City is adequately funding the utility to continue to provide excellent service to the community. The electric utility is recommending an average 2.3% rate increase for 2023, in addition to the 4% rate increase previously adopted on October 26, 2021.

For the wastewater utility, the primary cost drivers for a proposed increase in rates are federal and state environmental mandates, aging infrastructure, and rising costs of operations and maintenance. The wastewater utility plans to propose a 3-year rate schedule beginning in 2023. To see the full staff report click here.

A first reading of the new rates will be considered by the Longmont City Council on Nov.15, 2022 with a final vote expected to come in December.

Rebates and Savings Options

The community also has options available for assistance, including: