The board’s annual evaluation ensures that our avoided cost rates remain reflective of current market dynamics. In line with this commitment, the board has recently approved adjustments to the avoided cost rates, effective July 1, 2024, particularly impacting the Small Renewable Generation Rider and Net Metering Rider. While the facilities charge for both riders remains unchanged, the kWh rate will decrease from $0.0398 to $0.0370. This decision underscores the board’s proactive approach in aligning our pricing structures with evolving energy landscapes, benefiting both consumers and the sustainability of our operations.