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Thursday, Nov. 20, 2014 -Mason County Journal- Page A-9
By NATALIE JOHNSON The PUD has proposed
natalie@masoncoun com a 3 percent increase to
residential rates, with a
The Mason County PUD 10 cent increase in daily
3 Board ofCommissioners is system charges.
considering a $63.7 million Small commercial oper-
proposed budget for 2015 ations would also face a 3
and power and telecommu- percent rate increase and
nication rate increases for a 10 cent increase to the
many of its customers, daily charge. Large com-
The board had public mercial operations will see
hearings on the budget a 10 percent increase in
and changes to its rates their power demand rate
Nov. 10. The board is but no other increases.
scheduled to vote on the The changes to the
items at its next regular- utility s rate schedule also
ly scheduled meeting atwould include a new cat-
10 a.m. Tuesday. egory for marijuana grow-
The proposed $63.7 mil-ers and processors and
lion 2015 budget is about amendments to a category
$1.6 million higher than for outdoor lighting.
the utility's 2014 budget. Speaks said the utility
The utility's largest is expecting rate increases
expenses in 2015 are from its main power sup-
projected to be operating plier, the Bonneville Pow-
costs, at $26.3 million, erAdministration.
and purchased power, atThe PUD commission
$28.2 million, will also vote Tuesday on
The PUD plans to proposed changes to its
spend $889,553 on con- fiber-opticrates.
servation in 2015, about The new rates would in-
half what it budgeted in clude an increase to $25 for
2014, and has budgeted 100 megabits per second,
$4.4 million in capitalup from$18.50.
expenses in 2015, aboutPUD 3 Manager An-
$500,000 more than 2014. nette Creekpaum said the
PUD 3 finance manag- utility had not increased
er Sherri Speaks said the its rate since 2005.
proposed rate increasesThe proposed fiber rates
are driven by increasedalso would include a new
power and transmission offering of 1 gig for $65.
costs and the need to in- A standard subscriber
vest in infrastructure and connection fee would be
to buy renewable power,reduced from $50 to $25.
*Payment example for a $150,000 POWERHOUSE mortgage: 120 payments of $1,439.77 at
2.875% interest rate and 3.351% APR (Annual Percentage Rate) based on Anchor Bank's
current rates as of 9/2/14 for owner-occupied property with a 1.0% origination fee. These
payments do not include amounts for taxes and insurance premiums. Actual payment
obligation will be greater. Mortgage insurance required if Loan to Value is above 80%.
Interest rates and fees are subject to change without notice. Other terms are available for
mortgage loans longer than 10 years, including various options for origination fees and
interest rates. Loans subject to credit approval. Other terms and conditions apply.
**Available for primary residence only. Variable rate. The minimum interest-only payment
will not reduce the principal balance. Additional principal payments are allowed and
encouraged. Loans subject to credit approval. Other terms and conditions apply,
***Program is for construction term only. Borrower must re-qualify for permanent
financing. Owner-occupied properties only. Loans subject to credit approval. Other terms
and conditions apply.
The sun illuminates a couple as they walk
at the Theler Wetlands in Belfair.
Journa! photo by Gordon Weeks
down a boardwalk a few minutes before sunset Sunday
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