(COLUMBIA, MO) ~ Columbia City Council Approves Electric Utility Rate Increase

At the recent City Council meeting on September 2nd, the Columbia City Council voted to approve a 2% rate increase for the City's Electric Utility. This decision was made in order to help cover increased operation and maintenance expenses, maintain cash reserve levels, and ensure adequate debt coverage.

The projected revenue increase from this rate hike is estimated to be $2.8 million. The new rate structure will go into effect with the first billing cycle in October. As a result, the standard residential customer charge will see a slight increase from $22 per month to $22.44 per month. The usage rates will vary depending on the customer's rate class, and a breakdown of these rates can be found at CoMo.gov/utilities/utility-rates.

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In addition to this rate increase, Columbia Utilities also offers various programs aimed at promoting energy conservation. These programs include free energy assessments and rebates for installing energy-efficient appliances. Customers can access information about these programs and find low-cost energy-saving tips at ColumbiaPowerPartners.com.

For those who may need assistance paying their utility bills, the Utility Assistance Program is available through Boone County Public Health & Human Services for eligible electric and water customers. To learn more about this program, individuals can call 573.817.6430 or visit CoMo.gov/health/human-services.

Furthermore, Central Missouri Community Action (CMCA) also offers utility assistance and home weatherization services for those in need. CMCA can be contacted at CMCA.US or by calling 573.443.3500.

With this approved rate increase and various assistance programs in place, the City of Columbia is committed to providing reliable and affordable electric utility services for its residents while also promoting energy conservation efforts within the community.

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