Light and Power board approves 5% rate increase effective Oct. 1, 2026

Sep 9, 2026

After a staff presentation and public hearing, the Traverse City Light and Power Board approved a 5% rate adjustment for residential, commercial, commercial demand and industrial customers, with staff saying the increase supports reliability, sustainability and planned investments.

The full story

The Traverse City Light and Power Board voted to approve a 5% rate adjustment for residential, commercial, commercial demand and industrial rate classes, effective for consumption on and after Oct. 1, 2026.

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