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Council approves a 2% across-the-board water & Light rate increase for FY2026; customer charge rises to $22.44
Summary
City utilities staff presented a forecast showing the electric fund trending below reserve targets without incremental rate increases. Council approved an ordinance to increase the customer, energy and demand charges by 2% for FY2026.
The Columbia City Council on Sept. 2 approved an amendment to Chapter 27 of city code to increase electric rates by 2% across key rate components: customer charge, energy charge and demand charge. The ordinance was adopted on second/third reading by roll call.
The staff presentation noted the electric system's fixed customer charge is designed to recover billing, metering and customer-service fixed costs and that the 2023 cost-of-service study calculated a fully cost-based customer…
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