Fiscal Year 2025 Rates

• Appendix of Fees (Current)
• Chapter 26 (Changes Incorporated)

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  Updated Jan. 2, 2025

GRU Updates Electric Rate Tiers

The GRU Authority approved a resolution on Dec. 11, 2024, to change GRU’s residential electric tier structure beginning Jan. 1, 2025. These changes reduce bills for the majority of GRU’s residential electric customers, as we reinforce our commitment to putting customers first.   

The changes include: 

• Expanding GRU’s lowest base rate tier from 850 kWh to 1,000 kWh, which gives more customers access to lower-priced power. 

• Increasing the base rates on the tier usage above 1,000 kWh from $.1121 per kWh to $.1213 per kWh, which makes the modifications revenue-neutral to GRU. 

Based on our analysis:  

• 59 percent of GRU customers (those using 851 kWh to 1,450 kWh per month) will see lower bills.  

• 24 percent (those using up to 850 kWh a month) will pay the same amount as before. 

• 17 percent (those using over 1,450 kWh a month) will pay more.    

“We had an opportunity to make rate tier changes that benefit the majority of our customers, so we brought it to the Authority, and they agreed it’s a better model,” said GRU CEO Ed Bielarski. “It’s our mission to continue looking for ways to reduce bills and put our customers first.”  

Background:  GRU’s rate structure historically includes two tiers. Customers who use less energy and fall into the lower tier are rewarded with a price break for their conservation efforts. However, the 850 tier break was not consistent with many of our fellow utilities in Florida. With the new tier adjustments, a 1,000-kWh residential electric bill will decrease $4.13 per month and bring GRU closer to the middle of the pack for electric base rates.    

Posted Oct. 1, 2024

Budget Supports Financial Stability

GRU customers will not see rate increases in the electric, water, wastewater or natural gas systems in fiscal year 2025. This marks a significant turnaround from an earlier proposed fiscal year 2025 budget that requested base rate increases for electric, gas, water, and wastewater. Fiscal Year 2025 begins on Oct. 1, 2024. 

“We need to be a utility our customers can afford,” said CEO Ed Bielarski. “Our employees are committed to that goal, and we have the support of the GRU Authority. Next year’s budget is a great first step in that direction.”

*Standard Utility Benchmarks are common industry measurements that allow customers to more easily compare rates.  

In addition to eliminating base rate increases in the upcoming year, the fiscal year 2025 budget addresses a number of other issues, including:

• The budget reduces GRU’s annual transfer to the city’s general fund by $6.8 million a year until the utility recoups $68 million it overpaid between 2018 and 2021. This reduces the payment to $8.5 million per year for the next 10 years;
• At the request of the GRU Authority, GRU cut $20 million in capital expenditures from its original budget proposal;
• At the request of the GRU Authority, GRU cut $12 million in operations and maintenance expenses from its original budget proposal;
• Overall, the budget reduces future upward base rate pressure on utility customers.