Sierra Pacific Home & Comfort, Inc. Blog: Posts Tagged ‘rate increase’

SMUD Plans to Increase Utility Costs in 2020, 2021

Friday, March 29th, 2019

ac-on-moneyIt looks like the Sacramento¬†Municipal Utility District (SMUD) will be raising their prices in the next two years. Unfortunately, this is no small increase. They’re planning to raise rates as much as 4.75 percent in 2020, and 4.5 percent in 2021. The last time we received an increase this large was in 2010, when rates when up by 5.5 percent.

According to SMUD’s website, the increase comes from the need to make improvements for wildfire mitigation, increasing capacity to serve more customers, making upgrades to their existing systems, and investing in renewable energy systems.

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