MISSION VALLEY POWER 36079 Pablo West Road Pablo, MT 59855 406-883-7900406-675-7900 Notice to Public of Proposed Rate Increase for Public Comment Mission Valley Power (MVP) has maintained low and stable rates for many years. Due to steep increases in the cost of materials, fuel, and general operating expenses that MVP continues to experience, along with our obligation to invest in our aging infrastructure, it is necessary to implement a rate adjustment to both Basic Monthly Charges and Energy Usage Rates over the next 3 years. The increases will be an average of 18% in 2024, 7% in 2025, and 5% in 2026 across all Rate Classes. These adjustments will allow us to ensure continued reliability throughout our service area. MVP is a non-profit entity so all revenues collected are invested back into the utility. Public input is welcome on the proposed increase. Mission Valley Power believes that our customers have confidence in our fair and diligent work practices. MVP will continue to provide reliable electrical power service consistent with sound business principles to all our customers. See complete proposal below. Oral comments may be made at the above time and location and should be limited to three (3) minutes. Written comments may be sent to consumer Council Chair, Brian Johnson-BigSam, P.O. Box 97 Pablo MT 59855. Comments must be received no later than November 2, 2023. The proposed effective date of the rate increase is January 1, 2024. Proposed Multi-Year Rate Summary Residential Basic Charge Basic Charge (Pre-pay Meters) Basic Charge (Net Meters) Energy Charge Demand Charge Energy Charge Demand Charge Small General Service <25kW Basic Charge Basic Charge (Pre-pay Meters) Basic Charge (Net Meters) Irrigation Energy Charge Basic Charge Demand Charge General Service Basic Charge A public meeting for comment will be held at MVP's Conference Room in Pablo on: Tuesday October 24 from 6 p.m. to 7:30 p.m. Single Phase Single Phase (Net Meters) Three Phase Three Phase (Net Meters) Demand Rate Energy Charge Large General Service Basic Charge Demand Charge Energy Charge Area Lights LED Light Unmetered Services Basic Charge Tier 1 Tier 2 Tier 3 Street Lighting (Metered) Basic Charge Energy Charge Street Lighting (Unmetered) LED Light 0-1,000 kWh 1,001-2,000 kWh 2,001+ kWh Current Rate $17.50 $21.00 $20.00 50.0712/kW $0.0796/kWh $0.0987/kW $.25/kW $17.50 $21.00 $20.00 $0.0902/kW $.30/kw $32.50 $37.50 $53.25 $61.50 $4.50/kW $0.0652/kW $153.83 $5.49/KW $0.0616/kWh $10.05 $17.50 $10.00 $0.0902/kWh New Rate 1/1/2024 $7.20 $22.00 $26.40 $27.00 50.0633/kW $0.0719/kWh $0.0720/kWh $5.00/month $10.00/month $15.00/month $3.00/kW $4.00/kW $5.25/kw $22.00 $26.40 $27.00 50.0828/kWh $0.0880/kWh $0.0926/kWh $0.1145/kWh $0.40/kW $40.75 $45.75 $66.75 $75.00 $5.00/kw $0.0761/kWh $191.79 $5.56/kW $0.0719/kWh $0.1046/kWh 50.1113/kWh $0.50/kw $0.75/kW $12.57 New Rate 3/1/2025 $22.00 $23.50 $28.20 $28.50 $12.57 $0.1046/kWh $8.50 $23.50 $28.20 $28.50 $0.0901/kWh $0.0983/kWh $0.1007/kWh $0.1219/kWh $0.1249/kWh $0.60/Kw $0.80/kW $43.50 $48.50 $71.25 $79.50 $5.25/kW $0.0797/kWh $204.72 $5.83/kW $0.0753/kWh $13.43 $23.50 $13.43 $0.1113/kWh New Rate 3/1/2026 $9.10 $27.00 $32.40 $32.00 $27.00 $32.40 $32.00 $0.1136/kWh $1.00/kw $0.0746/kWh $20.00/month $5.75/kW $50.00 $55.00 $81.92 $90.17 $5.75/kW $0.0797/kWh $235.35 $6.39/KW $0.0753/kWh $15.43 $27.00 $15.43 $0.1136/kWh $9.55 MISSION VALLEY POWER 36079 Pablo West Road Pablo , MT 59855 406-883-7900406-675-7900 Notice to Public of Proposed Rate Increase for Public Comment Mission Valley Power ( MVP ) has maintained low and stable rates for many years . Due to steep increases in the cost of materials , fuel , and general operating expenses that MVP continues to experience , along with our obligation to invest in our aging infrastructure , it is necessary to implement a rate adjustment to both Basic Monthly Charges and Energy Usage Rates over the next 3 years . The increases will be an average of 18 % in 2024 , 7 % in 2025 , and 5 % in 2026 across all Rate Classes . These adjustments will allow us to ensure continued reliability throughout our service area . MVP is a non - profit entity so all revenues collected are invested back into the utility . Public input is welcome on the proposed increase . Mission Valley Power believes that our customers have confidence in our fair and diligent work practices . MVP will continue to provide reliable electrical power service consistent with sound business principles to all our customers . See complete proposal below . Oral comments may be made at the above time and location and should be limited to three ( 3 ) minutes . Written comments may be sent to consumer Council Chair , Brian Johnson - BigSam , P.O. Box 97 Pablo MT 59855. Comments must be received no later than November 2 , 2023. The proposed effective date of the rate increase is January 1 , 2024 . Proposed Multi - Year Rate Summary Residential Basic Charge Basic Charge ( Pre - pay Meters ) Basic Charge ( Net Meters ) Energy Charge Demand Charge Energy Charge Demand Charge Small General Service < 25kW Basic Charge Basic Charge ( Pre - pay Meters ) Basic Charge ( Net Meters ) Irrigation Energy Charge Basic Charge Demand Charge General Service Basic Charge A public meeting for comment will be held at MVP's Conference Room in Pablo on : Tuesday October 24 from 6 p.m. to 7:30 p.m. Single Phase Single Phase ( Net Meters ) Three Phase Three Phase ( Net Meters ) Demand Rate Energy Charge Large General Service Basic Charge Demand Charge Energy Charge Area Lights LED Light Unmetered Services Basic Charge Tier 1 Tier 2 Tier 3 Street Lighting ( Metered ) Basic Charge Energy Charge Street Lighting ( Unmetered ) LED Light 0-1,000 kWh 1,001-2,000 kWh 2,001+ kWh Current Rate $ 17.50 $ 21.00 $ 20.00 50.0712 / kW $ 0.0796 / kWh $ 0.0987 / kW $ .25 / kW $ 17.50 $ 21.00 $ 20.00 $ 0.0902 / kW $ .30 / kw $ 32.50 $ 37.50 $ 53.25 $ 61.50 $ 4.50 / kW $ 0.0652 / kW $ 153.83 $ 5.49 / KW $ 0.0616 / kWh $ 10.05 $ 17.50 $ 10.00 $ 0.0902 / kWh New Rate 1/1/2024 $ 7.20 $ 22.00 $ 26.40 $ 27.00 50.0633 / kW $ 0.0719 / kWh $ 0.0720 / kWh $ 5.00 / month $ 10.00 / month $ 15.00 / month $ 3.00 / kW $ 4.00 / kW $ 5.25 / kw $ 22.00 $ 26.40 $ 27.00 50.0828 / kWh $ 0.0880 / kWh $ 0.0926 / kWh $ 0.1145 / kWh $ 0.40 / kW $ 40.75 $ 45.75 $ 66.75 $ 75.00 $ 5.00 / kw $ 0.0761 / kWh $ 191.79 $ 5.56 / kW $ 0.0719 / kWh $ 0.1046 / kWh 50.1113 / kWh $ 0.50 / kw $ 0.75 / kW $ 12.57 New Rate 3/1/2025 $ 22.00 $ 23.50 $ 28.20 $ 28.50 $ 12.57 $ 0.1046 / kWh $ 8.50 $ 23.50 $ 28.20 $ 28.50 $ 0.0901 / kWh $ 0.0983 / kWh $ 0.1007 / kWh $ 0.1219 / kWh $ 0.1249 / kWh $ 0.60 / Kw $ 0.80 / kW $ 43.50 $ 48.50 $ 71.25 $ 79.50 $ 5.25 / kW $ 0.0797 / kWh $ 204.72 $ 5.83 / kW $ 0.0753 / kWh $ 13.43 $ 23.50 $ 13.43 $ 0.1113 / kWh New Rate 3/1/2026 $ 9.10 $ 27.00 $ 32.40 $ 32.00 $ 27.00 $ 32.40 $ 32.00 $ 0.1136 / kWh $ 1.00 / kw $ 0.0746 / kWh $ 20.00 / month $ 5.75 / kW $ 50.00 $ 55.00 $ 81.92 $ 90.17 $ 5.75 / kW $ 0.0797 / kWh $ 235.35 $ 6.39 / KW $ 0.0753 / kWh $ 15.43 $ 27.00 $ 15.43 $ 0.1136 / kWh $ 9.55