3% Average Rate Increase in Final 2025 Grant PUD Budget

Grant PUD Commissioners have approved a $312.2 million budget for 2025 which includes an average 3% rate and revenue increase and new rate-setting priorities in their final commission meeting of the year.

Beginning April 1st next year, the average Grant PUD residential electric customer will see a monthly increase of approximately $2.58 on their bill.

Grant PUD released more details in a news release on Friday

Other rate increases vary by individual customer class and include a 6 percent hike for industrial, Ag processing, Evolving indusctry, Vehicle fast charging and Ag Bolier customers.

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The full schedule of rate increases approved by customer class;

• Residential (Schedule 1)             2.5%
• General service (Sch. 2)             2.5%
• Irrigation (Sch. 3)                        2.5%
• Streetlights (Sch. 6)                    6.0%
• Large Gen. Service (Sch. 7)       4.9%
• Industrial (Sch. 14)                      6.0%
• Large industrial (Sch. 15)            2.5%
• Ag Processing (Sch. 16)             6.0%
• Evolving Industry (Sch. 17)         6.0%
• Vehicle fast charging (Sch. 19)   6.0%
• Ag Boiler (Sch. 85)                      6.0%

Increases are based, in part, on the cost to supply each class with electricity.

The 2025 budget contains $243.3 million for capital projects to modernize machinery, expand and improve the utility’s capacity to generate and deliver electric and fiber service. Approximately $180 million will be devoted for electric system expansion, including new and upgraded substations and high-voltage transmission to reduce power outages and supply more electricity for industry in the Quincy and Moses Lake areas.

Plans for a new Ephrata Service Center will continue through 2025, with construction slated to begin in late 2026. The total cost has not been determined.  A 34-acre site is under development near Walmart in Ephrata.  The site was chosen to improve outage-related response times and provide additional room for offices, locker space, adequate restrooms, training, warehousing, electric shops, material storage and a transportation shop.

New Rate Setting Criteria

Commissioners also approved new rate-setting criteria based on three goals;

• assuring core customers receive the lowest rate possible
• social fairness
• rate classes that drive and pay for economic growth