November 29 2016: No Rate Increase in 2017!
Board to Restructure Rates to Promote Long-Term Vision
In a landscape of rising energy costs, the San Miguel Power Association (SMPA) Board of Directors has announced that it will not need to collect more revenue from its members in 2017. Earlier in 2016, SMPA received notice that its wholesale rates were going to go up. “That was no surprise,” said SMPA General Manager and CEO, Brad Zaporski. “We knew we needed to look at our budget to see how much of the increase we could absorb before passing it on to our members.”
Under Zaporski’s direction, SMPA managers scrutinized the proposed 2017 budget to find ways to protect members from the wholesale increase. “We went through the budget line by line,” said Zaporski. “We ultimately found that we could absorb the entire 4.2% increase without having to pass on any increase to the members.”
But the discussion of rates also brought up another issue that has been on the minds of SMPA Board and staff members for a number of years.
See the 2017 Rate Structure.