Meeker

WREA raising rates 4% in 2023


MEEKER | It has been five years since WREA last increased its rates which means the cost of electricity has remained the same since January 2018. During this same five-year period, WREA’s electric loads and corresponding revenue decreased by 25% with the decline in oil and gas production in the Piceance Creek area. At the direction of the Board, WREA offset the loss in revenue with efficiencies in technology, use of WREA’s rate stabilization fund,…