Miami utility rates to go up
The Grand River Dam Authority says it continues to experience increasing costs to produce electric power. That's what has prompted the Miami Special Utility Authority to increase electric utility rates. This is the first hike in Miami's electric utility rates since 2021.
GRDA implemented an 11 percent increase to its municipal customers, and will add another 4.1 percent increase in 2025 and 2026.
'We want our electric utility customers to have information and clarity about why this rate increase is necessary for the utility's operations and the needs of this community.'
Tyler Cline, Miami City Manager
Consultant Dan Jackson, Willdan Vice President of Financial Services, addressed city leaders and held a Town Hall meeting in May to discuss the problem.
Jackson cited factors driving the need for the new electric rate plan: inflation, the implementation of a GRDA increase, and plans to issue debt for needed capital improvements.
Miami utility customers currently pay $126.79 per 1,000 kilowatt hours.
Willdan's study compared the city's electric rates with 18 other area municipalities and found that with the new rate increase and base charge, the new electric rates in Miami's service area are still comparable or better. Willdan recommended an increase of 12 percent across the board starting in June 2025 and 5 percent starting in July 2026 and July 2027.
The three-year rate plan means a residential customer using 1,000 kWh would see a monthly increase of $9.96 starting June 2025.
The City of Miami plans to issue $28,500,000 in debt to fund important capital improvements. These include Advanced Metering Infrastructure for electric, upgrades to Substation Three, pole change-outs at Feeder 31 and the turnpike crossing, upgrades to Feeder 23, a build-out of Substation 4, possible generation and solar farm projects, and automated switches for industrial customers.
'These capital improvement projects are vital to providing reliable and better service to our electric utility customers, 'Cline said, 'These projects help us keep the electric infrastructure up to date and stay competitive in recruiting new businesses.'
MSUA Customer Service representatives are available to help customers calculate their billing with the increased rate or answer questions. They can be reached at 918-542-6685.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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