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Working on Solutions to Stabilize Your Bill

What is Changing?

Starting September 1, rates within the Public Benefits portion of your bill will decrease.

Small and Medium commercial and industrial (C&I) customers can expect to see a net decrease of approximately 3.5% to overall rates within the delivery portion of their bill.

Large commercial and industrial (C&I) customers can expect to see a net decrease of approximately 3.9% to overall rates within the delivery portion of their bill.

The Amount of Your Bill Is Determined by Your Usage

Even with lower rates, your bill ultimately depends on how much energy you use. Your electricity usage impacts both the supply, local delivery and transmission and public benefits portions of your bill.

Most customers use more electricity during the summer months to keep cool, which leads to higher bills. 

As temperatures rise, your cooling system has to work harder, so you use more electricity. Even if you don't change the settings of your air conditioner, the outside temperature will affect your usage as more energy is used to maintain the same temperature.

Without touching the thermostat, you will use more energy on a 95-degree day than a 75-degree day.

What are Public Benefits?

The public benefits in the delivery portion of your bill cover state-mandated and approved energy programs, policies and initiatives that we do not control.

The September 1 rate decrease is due to several factors, including shifting certain state-mandated policy and program costs off electric bills, a lower net cost of state-mandated power purchase agreements, and an expected lower cost for the Electric Bill Discount for residential customers.

We support proactive measures by policymakers that reduce energy costs for our customers without sacrificing reliability, and we are consistently advocating for bill stability and predictability. We look forward to continued work with lawmakers to deliver cost-effective solutions, and those efforts include ensuring other savings outlined in Senate Bill 4 are achieved, such as the securitization of storm costs, which will deliver even more significant savings to customers in the long-term.

Get Help with Your Bill Now

We understand the burden this increase will have on your business’ budgets, and while we do not control these pass-through costs, for those struggling to pay their bill, we have options that can help.