Columbia Water and Light to move forward with electric rate increase

5 years 3 months 3 weeks ago Wednesday, April 15 2015 Apr 15, 2015 Wednesday, April 15, 2015 6:27:00 AM CDT April 15, 2015 in News
By: Bailey Harbit, KOMU 8 Reporter
loading

COLUMBIA - Columbia's Water and Light Advisory Board will meet Wednesday morning to move forward with an electric rate increase following voter approval of Proposition 1 on April 7. 

Columbia electric customers will see a 6 percent increase in rates during the next five years, with a 3 percent increase in 2015, a 2 percent increase in 2017, and a 1 percent increase in 2018. 

The board will work with Water and Light staff to begin to look into options for the adjustment of the 3 percent rate in 2015, and prepare to move its recommendations on to the Columbia City Council. 

Water and Light Board Chairman John Conway said residents should expect an increase in the amount of their electric bill. 

Bond funds will be used to repair and replace the city's current infrastructure, including substation switchgears, circuit breakers, and overhead and underground lines. A large portion of funds will be used to build a transmission line in southwest Columbia. 

Conway said these projects will help Water and Light to continue to provide quality service to Columbia residents. 

"Well it's going to help Columbia in terms of having a reliable, continue to have a reliable electric system. To support the changing in the infrastructure for the replacement," Conway said. 

At the meeting board members were given a presentation with a proposed set of rate changes based on services a customer uses.

Board members discussed several concerns that could factor into the final rate proposal, including social and economic factors.

The proposed rate increases could be presented to Columbia City Council as early as next month. 

Editors Note: This story has been updated with the latest information. 

More News

Grid
List
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. You can... More >>
39 minutes ago Wednesday, August 05 2020 Aug 5, 2020 Wednesday, August 05, 2020 11:30:00 AM CDT August 05, 2020 in News
COLE COUNTY - A Jefferson City woman died in a crash while trying to cross U.S. Highway 50 on Route... More >>
1 hour ago Wednesday, August 05 2020 Aug 5, 2020 Wednesday, August 05, 2020 11:03:00 AM CDT August 05, 2020 in News
(CNN) -- Vitamin D is known as the "sunshine vitamin" because your body absorbs the nutrient primarily through exposure to... More >>
1 hour ago Wednesday, August 05 2020 Aug 5, 2020 Wednesday, August 05, 2020 10:40:06 AM CDT August 05, 2020 in A Brighter Tomorrow
( Missourian ) - The Columbia School Board is considering delaying the district’s start date to after Labor Day... More >>
1 hour ago Wednesday, August 05 2020 Aug 5, 2020 Wednesday, August 05, 2020 10:28:11 AM CDT August 05, 2020 in News
JEFFERSON CITY - The registration process for students is changing while students also change their classes for the fall semester.... More >>
2 hours ago Wednesday, August 05 2020 Aug 5, 2020 Wednesday, August 05, 2020 10:00:00 AM CDT August 05, 2020 in News
JEFFERSON CITY — Current Missouri Governor Mike Parson will be on the ballot in November after securing the Republican nomination... More >>
13 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 10:45:00 PM CDT August 04, 2020 in News
COLUMBIA— Missourians voted to expand Medicaid eligibility, according to reporting from the Associated Press. The State Auditor’s Office estimated... More >>
13 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 10:22:00 PM CDT August 04, 2020 in News
PETTIS COUNTY — The Pettis County prosecutor has called for an independent special prosecutor to investigate the death of Hannah... More >>
14 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 10:06:00 PM CDT August 04, 2020 in News
COLUMBIA - Teaching English at Hickman High School in Columbia is Bill Morgan's passion and metaphorically speaking his saving grace.... More >>
14 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 9:36:00 PM CDT August 04, 2020 in News
COLUMBIA - Current State Auditor Nicole Galloway has won the Missouri Democratic Primary for Governor. Galloway was projected to... More >>
14 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 9:36:00 PM CDT August 04, 2020 in News
COLUMBIA- Parents showed up to Tuesday afternoon to a special board meeting at the Columbia Public Schools Administration building over... More >>
14 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 9:26:00 PM CDT August 04, 2020 in News
JEFFERSON CITY, Mo. (AP) — The Latest on the Missouri primary election (all times local): 11:30 Cori Bush,... More >>
16 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 8:06:00 PM CDT August 04, 2020 in News
COLUMBIA - Today is Missouri's Primary Election - voters cast their ballots Tuesday to determine party candidates for governor, U.S.... More >>
17 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 7:00:00 PM CDT August 04, 2020 in News
JEFFERSON CITY — A Columbia man pleaded guilty in federal court Tuesday of attempting to purchase with Bitcoin on the... More >>
18 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 5:42:02 PM CDT August 04, 2020 in News
(CNN) -- A massive explosion ripped through central Beirut on Tuesday, killing dozens of people, injuring thousands and blowing out... More >>
18 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 5:41:18 PM CDT August 04, 2020 in News
MISSOURI — As COVID-19 continues to spread throughout Missouri, state and local officials confirm new case counts daily. This... More >>
18 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 5:30:00 PM CDT August 04, 2020 in News
SEDALIA — The latest numbers from Pettis County show confirmed COVID-19 cases have increased over 88 percent in the last... More >>
19 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 4:15:00 PM CDT August 04, 2020 in News
COLE COUNTY- One woman was pronounced dead Tuesday morning after a serious two-vehicle crash. According to a Missouri State... More >>
20 hours ago Tuesday, August 04 2020 Aug 4, 2020 Tuesday, August 04, 2020 3:58:00 PM CDT August 04, 2020 in News
Columbia, MO
Broken Clouds 73°
12pm 72°
1pm 73°
2pm 75°
3pm 77°