PORT ANGELES — Wholesale power rates will increase by 2.2 percent Oct. 1, the Bonneville Power Administration announced Friday.
But the rate increase may be too small to affect retail rates.
Past wholesale rate increases have translated into half the amount at the retail level. So a 2.2 percent wholesale rate increase would mean a 1.1 percent retail rate increase.
Adjusting rates for such a small increase might not be worth the trouble, according to Clallam County Public Utility District No. 1 General Manager Dennis Bickford.
“It’s real hard to predict your revenues within 1 percent, so it might not be worth adjusting rates,” Bickford said.
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The rest of the story appears in the Sunday Peninsula Daily News.