The way we use energy and the way power is generated and delivered is changing. Everything today requires a charge- including electric vehicles, bicycles, and gadgets. We are changing our rate structures to encourage you to use electricity more efficiently.
Our new rates give you more control over your bill and allow us to charge based on total usage, capacity needs, and real time market prices.
We can save by managing how much power we use all at once (demand) and shifting energy usage to lower cost times (time-of-use). Making small changes in how and when we use energy can help us all reduce costs and create a more sustainable future.
How will Your Bill Change?
All 400 amp service are now Large Residential customers. Average rate increases for the average residential customer 400 amps and over:
- Customer charge increasing from $33.90 to $35.40 (Small Residential was $17.90)
- Block 1 (1-1000 kWhs) energy charge increasing by 1.4 cents per kWh
- Block 2 (more than 1000 kWhs) energy charge increasing by 1.8 cents per kWh
- New Demand Charge is .75 cents per kW of Demand
A typical 400 amp customer uses 1830 kWhs and has a demand of 10 kW.
- Last year’s bill was $226 (tax excluded).
- This year’s bill will be $279 (new demand charge, tax excluded).
How You Can Save on Energy Costs
While rates are increasing, there are steps you can take to lower your electricity bill through conservation and energy efficiency. HL&P offers energy audits and rebate programs to help offset the cost of energy-efficient upgrades, including:
- Energy Audits – Identify high use equipment, appliances, and behaviors with an energy audit.
- HVAC Incentives – Improve your home’s heating and cooling efficiency with rebates on select equipment.
- Commercial Energy Rebates – Businesses can take advantage of incentives for energy-saving upgrades.
Why Are Rates Increasing?
To continue delivering safe and reliable power to our growing community, HL&P must invest in a diverse energy portfolio, critical infrastructure, system maintenance, and workforce expansion. The primary factors driving this rate adjustment include:
- Rising Wholesale Power Costs
- System Growth & Reliability Investments
- Labor & Operations
- Obligation to Serve New Loads
Rate adjustments allow HL&P to maintain financial stability while ensuring we can secure a reliable and resilient energy future for our community.