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Troy reviews power-rate options after 4% BPA cost increase; council told city remains cheaper than Northern Lights
Summary
Council members discussed matching a 4% wholesale power cost increase from BPA, with guest Clay Campbell presenting 4%, 4.5% and 5% base-rate scenarios; officials said a rate increase is necessary to build reserves and that Troy power would remain cheaper than Northern Lights. No vote was taken.
Council members discussed a 4% increase in the wholesale price of power from BPA and whether Troy should match that increase for city retail rates.
Guest Clay Campbell provided examples of base-rate increases at 4%, 4.5% and 5% for council consideration. Mayor TJ Boswell said matching the increase will help build reserves but warned that if the city simply passes along costs it could lag on wages and other expenses. He also said it has been four years since Troy last raised power rates and that, even with an increase, city-provided power would remain cheaper than Northern Lights.
No formal motion or vote on a rate change was recorded in the minutes provided. The discussion focused on options and the need to maintain reserves rather than on a specific adoption schedule or tariff language.
