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Commissioners Analyze Cost of Electrical Service
First of Three Public Workshops Scheduled
EPHRATA, WA – Over the next five months, Grant PUD Commissioners will study power costs per customer class to determine future revenue requirements for the utility.
Commissioners and staff will rely upon the expertise of Economic and Financial Strategies, Inc. (E&FS) of Issaquah, Wash. to complete the analysis. Three public workshops will be held with the Commission during the process to explain the plans for the study, provide a status update and present the final results. The first workshop will be held at 2:00 p.m. on Monday, June 18.
“A cost of service analysis is an important step in maintaining the strong financial position of the utility,” said Commission President Randy Allred. “With this study, we hope to refine the PUD’s financial forecast and set a framework for potential future rate design policy.”
The cost of service analysis will be completed and presented to Commissioners by October 1, 2007.
The last study was conducted in 1997.
Workshop Details:
What: Cost of service public workshop with Grant PUD Commissioners
When: Monday, June 18 at 2:00 p.m.
Where: Grant PUD Headquarters Building (30 C Street SW, Ephrata)
MEDIA CONTACT:
Sarah Morford
(509) 754-6633 / smorfor@gcpud.org
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