Contact:
Atineh Haroutunian, Glendale Water & Power
(818) 548-3381, AHaroutunian@GlendaleCA.gov
FOR IMMEDIATE RELEASE
Monday, October 2, 2023
GWP Proposed Rate Adjustments & Community Meetings
GLENDALE, California – Glendale Water & Power (GWP) is proposing an increase in electric rates to take effect December 1, 2023, July 1, 2024 and July 1, 2025 averaging 14.8%, 11.3% and 11.3% respectively. This proposed electric rate adjustment is needed to ensure the electric utility maintains financial stability and has enough funds to pay the debt service on the bonds that will be used over the next three years as various projects move forward including the City Solar Build, the Grayson Energy Center, the Scholl Canyon Biogas Generation and other capital improvement projects. Funds will also be used to cover general increase in costs of renewable energy, wholesale purchased power, and fuel.
GWP has scheduled community meetings and will also present at the upcoming Commission Meeting. Customers are encouraged to attend these community meetings to learn more about the proposed rate adjustment structure. GWP will present the full rate study by customer class to City Council at the end of October for their consideration and implementation. This new more detailed rate study will determine the rate adjustments by customer classification. If approved, the rates will take affect December 1, 2023, July 1, 2024 and July 1, 2025. To view the City Council discussion and GWP’s presentation on the proposed rate adjustment on September 26, 2023, click here.
For more information, customers can visit GWP’s proposed rate adjustment website at GlendaleCA.gov/ProposedElectricRates. Translators will be present at community meetings and the schedule is as follows:
Monday, October 2, 2023 at 4:00 p.m.
GWP Commission Meeting
Council Chambers
613 E. Broadway, Glendale, 91206
Click here to live stream.
Schedule Community Meetings
Wednesday, October 18, 2023 at 6:30 p.m. – 8:00 p.m.
Glendale Police Community Room
131 N. Isabel, Glendale, 91206
Thursday, October 19, 2023 6:30 p.m. – 8:00 p.m.
Sparr Heights Community Room
1613 Glencoe Way, Glendale, 91208
Wednesday, October 25, 2023 6:30 p.m. - 8:00 p.m.
Adult Recreation Center
201 E. Colorado St. Glendale, 91205
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Glendale Water & Power is the City of Glendale’s utility. Glendale Water & Power generates, transmits, and distributes electricity to 88,849 residential, commercial, and industrial customers in Glendale, California. The city-owned utility also provides water to 34,181 customers. For the latest information regarding power outages follow GWP on X @COGwaterpower, Instagram @GlendaleWaterandPower, or Facebook.com/GlendaleWaterandPower.
