LMUD holds rates steady
At the Lassen Municipal Utility District Board of Directors meeting held Tuesday, the board unanimously voted to leave rates unchanged after an examination of the Power and Delivery Cost Analysis Worksheet. According to the worksheet, the publicly owned utility district is under-collecting by 0.00063 cents as of June 30, 2023. According to the agenda, no rate change was recommended. Lower rates are expected as the district recovers from recent higher than expected energy purchase costs.
Board president Fred Nagel wondered if the 1 cent fee being collected for the Skedaddle Substation bond covenant was necessary as the district has begun recouping recent losses. No decision was made on that possibility as the district’s financial future remains a work in progress.
Nagel also suggested acting general managers — Electric Operations Manager Cort Cortez and Business Manager Nick Dominguez — deserve a raise in pay since each currently holds down two positions with the utility. That matter may be agendized for the next meeting in September.
LMUD also scheduled a public hearing on its Distributed Generation/Net Energy Metering Rates, and made Dominguez a district representative on the UAMPS board with Cortez named as an alternate.
The board met in closed session with legal counsel to discuss two instances of potential liability, but no reportable action was expected.
The district’s next regularly scheduled meeting will be held at 5:30 p.m. Tuesday Sept. 26.
