No Rate Increase for ERMU Electric Customers in 2024

At their December 12 meeting, the Elk River Municipal Utilities (ERMU) Commission approved a zero percent rate increase for electric service in 2024. The decision to maintain the current electric rates for the upcoming year reflects ERMU's ongoing efforts to provide reliable, affordable electricity to its customers.

“The decision to hold electric rates steady in 2024 is a testament to our commitment to the well-being of our community,” said General Manager Mark Hanson. “We are grateful for the hard work of our staff, the dedication of our commission members, and the competitive pricing from Minnesota Municipal Power Agency, ERMU’s wholesale power provider. All were instrumental in stabilizing electric rates for 2024.” 

Elk River Municipal Utilities continually invests in infrastructure improvements, technological advancements, and operational efficiencies to provide reliable and cost-effective electricity to its customers. By carefully managing resources and exploring innovative solutions, ERMU remains dedicated to delivering high-quality service while keeping rates affordable.

The commission also approved a two percent increase to water rates for operating expenses needed to maintain the high-quality water services customers depend on.

As a public utility, ERMU is owned by those it serves, with a stated mission to provide customers with safe, reliable, cost-effective, and quality long-term electric and water utility services.

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