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2.8 ERMUSR 02-13-20244r,;.Z, Elk Riv Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Tony Mauren — Governance & Communications Manager MEETING DATE: AGENDA ITEM NUMBER: February 13, 2024 2.8 SUBJECT: Rate Correction — Off -Peak Demand Service Rate ACTION REQUESTED: Approve the correction to the Off -Peak Demand Electric Service Rate's Basic Monthly Electric Charge. BACKGROUND/DISCUSSION: At its December 12, 2023, meeting the Commission reviewed and approved the 2024 Schedule of Rates & Fees as a part of the Annual Business Plan. Unintentionally left out of the updated rates was a change to the Basic Monthly Electric Charge for the Off -Peak Demand Electric Service Rate. In order to align this rate with all other commercial demand electric service rates the base charge should be increased from $75.50 to $77.00. FINANCIAL IMPACT: None, budgeted rate increase. ATTACHMENTS: • Corrected — Off -Peak Demand Electric Service Rate Page 1 of 1 74