Utility Advisory Committee Meeting 07/08/2026

The Utility Advisory Committee (UAC) meeting held on July 8, 2026, focused primarily on reviewing and recommending utility revenue requirements and rate adjustments for fiscal years 2027 to 2029. The committee discussed two options for utility rate increases, including a 5% across-the-board increase and a lower 3.5% to 5% tiered increase, with detailed analysis of the financial impacts and repayment plans for inter-fund loans. The committee voted unanimously to recommend option two, which involves a 5% increase through fiscal year 2029. Additionally, the meeting included a presentation by FCS on the electric cost of service analysis, explaining the allocation of costs among customer groups and the implications for future rate design changes. The committee also discussed the need for phased implementation of rate design adjustments, potential changes to fixed service charges, tiered rates, and demand charges, with plans for further review and recommendations in subsequent meetings. The meeting concluded with scheduling considerations for upcoming meetings to continue reviewing draft reports and rate design proposals.