News & Media

The Power Supply Adjustment (PSA) is currently at a $0.005 credit. Why can’t you adjust that to cover the additional costs?

October 29, 2024


The PSA is used to offset variances between the base rate and power supply costs. For example, the PSA was adjusted up in December 2022 to offset record-high fuel costs. Once those fuel costs leveled-out, the PSA was adjusted back down. The PSA would not be able to offset the significantly changing costs to maintain reliable service.

The PSA is proposed to be reset to zero – no charge or credit – as part of this rate update.