AMP customers to save $68.5 million this year, enjoy rates 48% lower than PG&E
The Alameda Public Utilities Board (PUB) approved a 3% average rate increase effective July 1, which allows Alameda Municipal Power to maintain its operations and continue to provide 100% clean electric power to the Alameda community.
It’s important to note that, even with the rate increase, AMP customer rates remain approximately 48% lower than neighboring investor-owned utilities such as PG&E, saving Alamedans a total of $68.5 million annually.
AMP is a community-owned and locally operated 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.
Created in 1887, AMP is the oldest public electric utility west of the Mississippi. Today, it continues to serve our community, delivering safe, reliable, cost-effective, and 100% clean electricity to the City of Alameda.
Financial assistance programs are available for qualifying customers. Learn more at the Alameda Municipal Power website.
