As announced earlier this summer, the rate adjustment is now in effect as of September 1st and will be reflected on members’ October billing statements. The various factors contributing to the need for this change include, but are not limited to, wholesale power costs, long-term interest rates, increased construction needs, material costs, and other inflationary changes. The rate adjustment helps ensure Todd-Wadena has adequate revenue to cover costs and to position itself to provide members with safe, reliable, and affordable power into the future.
For the rest of our rates, as well as a list of FAQs, visit www.toddwadena.coop/rate-adjustment.
