LUS to Increase Rates

BEGINNING OCTOBER 1ST, LAWRENCEBURG UTILITY SYSTEMS (LUS) CUSTOMERS WILL SEE AN INCREASE IN THEIR MONTHLY RATE. ACCORDING TO A PRESS RELEAASE, THIS INCREASE IS DUE TO SEVERAL FACTORS, INCLUDING THE RISING COSTS OF OPERATION AND MAINTENANCE EXPENSES AND THE ANNOUNCEMENT FROM THE TENNESSEE VALLEY AUTHORITY (TVA) THAT THEY WILL BE DISCONTINUING THE PANDEMIC RELIEF CREDIT. TO COMBAT THE RISING COSTS OF DAILY OPERATIONS AND TO RECOUP THE LOST REVENUE FROM THE TERMINATED TVA PANDEMIC RELIEF CREDIT, LUS IS INCREASING RATES ACROSS ALL RATE CLASSES BY 3.4%, INCLUDING INCREASES TO THE MONTHLY CUSTOMER CHARGE FOR RESIDENTIAL CUSTOMERS AND CERTAIN COMMERCIAL RATE CLASSES, WHILE OTHER RATE CLASSES WILL SEE INCREASES TO THEIR ENERGY CHARGES.

THIS IS THE FIRST LOCAL RATE ACTION THAT LUS HAS HAD SINCE 2015.

NEWS