Boulder City announced on Thursday afternoon a proposal to raise utility rates by up to 5 percent over each of the next three years.
The city posted the announcement in a legal notice on its official Facebook page.
If approved, the increase is expected to bring in nearly $1.5 million annually.
According to the announcement, the city entered into a contract with the FSC Group to conduct a comprehensive utility plan and rate study covering the city’s electric, water and wastewater enterprises.
Based on those findings, which were reviewed by the Boulder City Utility Advisory Committee, the city is proposing the following for fiscal years 2027-2029:
— Increase rates up to 5 percent across the board for the electric, water and wastewater utilities each year for three years. The proposed increases would generate up to an estimated $1,458,000 in additional annual revenue, consisting of approximately $925,000 for the electric utility, $393,000 for the water utility and $94,000 for the wastewater utility.
— Use electric utility revenue to fund the electric utility’s capital program and fund future capital projects to support reliability of the aging electrical distribution system.
— Use water utility revenue to begin correcting the water utility’s operating fund deficit, as the first step in a multiyear financial stability strategy.
— Use wastewater utility revenue to fund the wastewater utility’s capital program and fund future capital projects.
Those wishing to provide feedback on the proposed increases can do so in writing by Aug. 13 via a city comment form at bcnv.org/1185/Utility-Rate-Increase or to publicworks@bcnv.org.
