AMP rates still 44.5% lower than PG&E
When Alamedans open our Alameda Municipal Power (AMP) bills in July, we’ll see a small increase (4%) over the previous month—but the cost of our electricity will still be 44.5% less than people in neighboring cities who pay to investor-owned utilities such as Pacific Gas & Electric (PG&E).
The rate hike was approved at the Alameda Public Utilities Board’s regular meeting on April 21 to allow AMP to maintain its power reliability, system operations, and clean energy goals. Our clean electricity is 100% sustainably sourced, and because AMP rates are so much lower than PG&E, Alamedans save a total of $63.5 million annually.
AMP is a community-owned and locally operated clean electric system and does not make a profit on rates. The revenue from electric sales goes toward the operation of the system, customer-facing programs, and to the community through annual transfers of $6 million to Alameda’s general fund for essential services.
Founded in 1887, AMP is the oldest municipal electric utility in California and is among the oldest in the nation, public or private. AMP is governed by an independent Public Utilities Board that was created in 1930 to ensure that the utility would remain under local control and generate a return to the community.
AMP is a demonstrated leader in the promotion of energy efficiency and building and transportation electrification, and offers several electrification rebates for residential and commercial customers. And for those who may be experiencing difficulty paying electric bills, AMP offers a number of financial assistance options, including its Energy Assistance Program (EAP), which provides a 25% discount to income-eligible customers, and the Project EASE program, which provides short-term emergency assistance.
