It looks like the Sacramento Municipal Utility District (SMUD) will be raising their prices in the next two years. Unfortunately, this is no small increase. They’re planning to raise rates as much as 4.75 percent in 2020, and 4.5 percent in 2021. The last time we received an increase this large was in 2010, when rates when up by 5.5 percent.
According to SMUD’s website, the increase comes from the need to make improvements for wildfire mitigation, increasing capacity to serve more customers, making upgrades to their existing systems, and investing in renewable energy systems.
As a resident of Sacramento, you’re most likely aware of Time-of-Day rates. These are the different rates you pay for electricity during certain times of the day. You can make significant savings to your energy bill by running your appliances in times of less demand.