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Grant PUD commissioners set budget for 2017

Commission to review price increases early next year

 


EPHRATA — Grant PUD Commissioners adopted a $307.3 million budget for 2017 during their meeting on Nov. 8, the PUD announced Tuesday night.

The budget outlines funding so Grant PUD’s 47,000 customers will continue to be served with affordable and reliable energy.

“Our 2017 budget reflects a commitment to long-term value creation for all customers,” said General Manager Kevin Nordt. “Our customers have been very clear in what they seek — safe, reliable energy at a stable and predictable price.”

Along with paying for the daily costs to operate the 47,000-customer utility’s electric and telecommunications system, the budget includes funds for the rehabilitation of generators and turbines at Priest Rapids Dam, which are now almost 60 years old.

Funding is also included for upgrades to substations and additional electric system improvements attributed to the needs of our growing county, and new recreation amenities at Crescent Bar to enhance public access.

The financial forecast calls for an average 2-percent retail price increase. Commissioners will receive recommendations from staff regarding how the increase will be allocated across each customer class early in 2017. Following staff’s recommendation, the board will give the public opportunities for input on proposed price increases before taking action.

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