weather icon Clear

Study proposes electricity rate cut

Boulder City residents could see a reduction in their electric utility rates if City Council follows a recommendation given in a recently completed study.

The utility rate study, conducted by Raftelis Financial Consultants Inc., was presented and discussed Wednesday at a joint workshop for the City Council and Utility Advisory Committee.

According to its report, Raftelis is recommending the city reduce electricity rates by 3 percent for all customers, reduce the fixed monthly charge for water by $10 and accelerate payments on the debt for the raw waterline.

For the water utility system, Raftelis is recommending equalizing the charges for residential and nonresidential service.

The study also found that the city’s utilities are in “sound financial condition.”

In 2019, the city contracted Raftelis to study all the city’s utility rates, the cost of serving the utilities and the structure of the funds to support the city, as well as developing a five-year plan. The bid for the study was $198,860.

Wednesday’s workshop was held after the Boulder City Review’s print deadline. For the latest details about the session, go to www.bouldercityreview.com.

Contact reporter Celia Shortt Goodyear at cgoodyear@bouldercityreview.com or at 702-586-9401. Follow her on Twitter @csgoodyear.

Don't miss the big stories. Like us on Facebook.
BCHS… Go! Fight! Win!

Ron Eland/Boulder City Review

Short-term rentals in BC? Still Illegal

Council declines to change city code to accommodate vacation rentals

Pool funding plans move forward

The road toward funding a new municipal pool in Boulder City has been somewhat tortuous.

Showing their Eagle pride

Last week, Boulder City High School celebrated its annual homecoming week with festivities during the week at the school and ending Friday with the homecoming game and the next night with the dance.

Capturing a moment in time

If a picture is worth 1,000 words, it’s safe to say that Pamela Leon has millions of words to her credit.

Plans for substation on hold

Inflation, it appears, continues to bedevil plans for large public projects in Boulder City.