News & Media
If TID hasn’t had to increase rates for 10 years, why now?
October 29, 2024
Each year TID faces tough budgeting decisions, with the underlining goal of providing reliable electricity at an affordable rate. We have reached the point where our current rates will not support the rising costs to provide reliable electricity, upgrades to facilities that are nearing end of life, address an increasing load, nor will they support the costs associated with complying with California’s ambitious renewable energy mandates. All of these factors have made it necessary to look at the current cost to provide ongoing reliable electricity, resulting in a proposed rate increase.