Posts Tagged ‘Electric rates’

Grant PUD Creates New ‘Evolving Industry’ Rate Class To Address Deluge Of Cryptocurrency Miners

An influx of cryptocurrency firms looking to establish a foothold in North Central Washington has local utilities re-examining their commercial pay rates. Grant County PUD commissioners unanimously agreed last week to create a new customer rate class for cryptocurrency miners. Commissioners said core customers – residential, irrigation and commercial – continue to be first in…

Read More

Chelan PUD Extends Halt On Applications For Cryptocurrency Miners

The Chelan County PUD’s pause on new cryptocurrency businesses looking to locate in the county will remain in place at least through August. PUD staff reviewed steps taken since the board imposed the application moratorium for cryptocurrency mining and similar data operations in March and presented them to the board of commissioners Monday. More than…

Read More

Chelan PUD Halts Cryptocurrency Applications, Says County Electric Grid At Risk

The Chelan County PUD has stopped taking or processing applications for electric service for cryptocurrency mining. PUD board members unanimously imposed the application moratorium after reviewing impacts on utility operations from existing loads and applications for service. General Manager Steve Wright said impacts from cryptocurrency mining applications are hampering responses to the District’s overall planned…

Read More

Chelan PUD Announces No Rate Increase In 2018 For Sixth Consecutive Year

Chelan County PUD Board President Randy Smith joins Dan Langager to talk about the early draft of the utility’s 2018 budget, which includes no electric rate increase for the sixth year in a row, paying down debt, rehabbing critical infrastructure at both Rocky Reach and Rock Island Dams, finalizing plans for the new substation in…

Read More

Chelan PUD GM Steve Wright Talks Long-Term Finances, Changing Electricity Markets

Chelan County PUD General Manager Steve Wright joins Dan Langager in the KOHO studio to talk about the utility’s finances – from a debt payment this  year of $52 million, bringing their outstanding debt to $537 million – about a 38 percent debt ratio and new contracts with Avangrid Renewables of Portland, Ore. and Avista of Spokane, to a bottom line projection…

Read More

Grant PUD Raises Electric Rates, Average Monthly Increase of $1.40

Grant County PUD Commissioners at their March 28 business meeting adopted increases on retail electric prices across all their customer classifications. The rate increase was effective April 1, which officials say will bring in an additional $3 million in revenue this year. KOHO’s Chris Hansen reports on what that means for Grant County residents’ monthly…

Read More

Douglas County PUD Approves Rate Increase for 2017

At their Monday meeting this week, the Douglas County Public Utility District Board of Commissioners authorized a rate increase for their customers for the coming year. PUD Spokesperson Meaghan Vibbert told KOHO why the hikes were deemed necessary. Although the surge in pricing won’t be dramatic, Vibbert said PUD customers in Douglas County will notice a slight…

Read More

Chelan PUD Approves New High-Density Class Rate

Yesterday Chelan PUD commissioners approved a new electric rate for high density load customers – bitcoiners, server farmers, bit coin miners. The rate is effective Jan. 1, 2017, and includes a transition period of up to five years for existing high density load customers. PUD Commissioner Garry Arseneault tells Dan the rate structure is expected…

Read More