CITY OF RADFORD, VIRGINIA

WASTE WATER, BASE ELECTIC RATES FOR FISCAL YEAR 2025

Pursuant to Section 15.2-107 of the Code of Virginia, notice is hereby given that a public hearing is scheduled for  7:00 P.M. April 22, 2024 on the proposed Water, Waste Water and Electric Rates for Fiscal Year 2025.

Interest parties are invited to attend the public hearing and present their views.  The hearing will be held in the Council Chambers located at 10 Robertson Street.

FURTHER, pursuant to Section 15.2-2209 of the Code of Virginia notice is given that the Council’s intention to propose an increase in the following Water, Waste Water and Electric rates and fees for Fiscal Year 2025:

1.Waste Water rates are programmed to increase from $14.24 to $16.24 for 2,000 gallons.

2.Water Connection Fee is programmed to increase from $1,300 to $2,000.

3.Electric Base Rates (Energy + Customer Charge) are programmed to increase from $104.65 to $107.97 for 1,000 kwh customer.

Summary of rates only.  Please see original schedules for terms and conditions.

Residential:

Basic customer charge: (per month)           $7.02

Energy Charge all metered kWH)      $0.10095

Sanctuary Worship Service

Basic customer charge: (per month)           $7.02

Energy Charge (all metered kWH)              $0.10155

Small General Service:

Basic customer charge:  (per month)          $9.25

Energy Charge (all metered kWH)              $0.10464

Medium General Service:

Basic customer charge:  (per month)          $15.00

Demand Charge: (All kW of billing demand) $4.45

Energy Charge (All metered kWH)             $0.08696

Large General Service:

Basic custoemr charge:  (per month)          $50.00

Demand charge:  (All kW of billing demand)               $13.13

Reactive Demand Charge (all kVar of lagging reactive demand)  $0.4500

Energy Charge (All metered kWH)             $0.05699

Large Power Service:

Basic custoemr charge:  (per month)          $275.00

Demand charge:  (All kW of billing demand)               $13.98

Reactive Demand Charge (all kVar of lagging reactive demand)  $0.9900

Energy Charge (All metered kWH)             $0.05520

School & City Services

Basic Customer Charge:

(per month)              $5.79

Energy Charge (all metered kWH)              $0.96690

Outdoor Lighting (per month)

48 Watt Residential LED           $10.65

54 Watt Commercial LED          $12.50

160 Watt Commercial LED        $21.75

Installation charge for metal pole for underground sodium lighting $425.00

Wholesale Power Cost Adjustment (per kwh)             $0.0560870

Fuel Adjustment Charge (per kwh)                             $0.003377

Rate Tariffs for all customer classes are available for review on the City’s website at www.radfordva.gov.

BY THE ORDER OF RADFORD CITY COUNCIL