CU electric rate going up in March


Posted 3/4/18

Cleveland Utilities electric customers will see a 3.74 percent rate increase over the month of February.

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CU electric rate going up in March


Cleveland Utilities electric customers will see a 3.74 percent rate increase over the month of February.

The new rate will be 9.693 per kilowatt hour as opposed to 9.355 per kwH hour in February

Vice President/CFO Marshall Stinnett reported the increase at Friday’s meeting of the Cleveland Utility Board.

Stinnett said the rate change is due to TVA’s Fuel Cost Adjustment, reminding everyone the month of January was “extremely cold and TVA’s Fuel Cost Adjustment is on a two-month delay.”

“That is what we are seeing now in March,” Stinnett said. 

Electric Division Vice President Bart Borden said he had received some “positive comments” about seeing some structures going up at the Spring Branch Industrial Park.

“That certainly helps when bringing prospects in to see the infrastructure going up,” he said.

Borden said CU’s line construction crew has continued framing and setting combination transmission poles and distribution steel and concrete poles for the new lines.

A total of 24 transmission poles and four distribution-only poles have been set and framed.

The beginnings of the Highway 60 widening project also made its way onto the agenda.

The board voted to approve a purchase order with Gresham Smith and Partners in the amount of $69,200 for engineering services related to the electric utility facilities for the TDOT project from Westlake Drive to Eureka Road.

Those costs are reimbursable from TDOT.

Board members unanimously approved a change order with Wilder Contracting, LLC for the utilities’ maintenance building in the amount of $20,678.38.

The original design called for concrete in the wash bay area surrounded by asphalt.

After a recommendation from the architect and consideration by Operations personnel, quotes were requested replace the proposed asphalt with concrete due to the fact that the entire area will be exposed to heavy equipment, oils, and fluids.

This will consist of 6 inches of concrete with a gravel base and welded wire reinforcing and will increase the contracted amount of the project from $406,478.93 to $427,157.31.

President/CEO Tim Henderson announced the utilities have been named a “Tree Line USA” utility for the 18th year by the Arbor Day Foundation.

“Your commitment to proper tree-care practice benefits your customers in numerous ways, including cleaner air and water, increasing property values and improving quality-of-life,” Arbor Day Foundation President Dan Lambe wrote in his letter to Henderson.

“We’re very proud of that,” Henderson said.


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