July 8, 2026 Utility Advisory Committee Meeting

The July 8, 2026 meeting of the Utility Advisory Committee (UAC) for Boulder City, Nevada, focused primarily on utility rate studies and revenue requirements for fiscal years 2027 to 2029. The committee reviewed two options for utility revenue adjustments involving a 5% increase in electric rates and either a 3.5% or 5% increase for water and landfill utilities. The discussion included detailed analysis of the cost of service for electric and water utilities, allocation of costs among customer classes, and considerations for future rate design changes. The committee unanimously recommended option two, which proposes a 5% increase across all utilities through fiscal year 2029 to strengthen fund reserves and accelerate repayment of the rate stabilization fund. The meeting also addressed the timeline for draft and final reports from the consultant FCS Group, with plans for ongoing review and potential adjustments to rate design over the next year. Key procurement-related topics included budget allocations for utility capital and operating reserves, and the committee discussed the need for future meetings to finalize rate design recommendations and resolutions for city council approval.