The graph illustrates the rising interest rates and their effect on energy costs, coinciding with LADWP rate hike in April 2016.
LADWP Rate Hike Goes In Effect April 2016
On March 15, 2016, LADWP got City Council endorsement for a five-year rate change. The new rates, which will begin April 15, 2016 with rate expansion every year to accompany the needs and key standards: -Supplant Aging Water and Power Infrastructure. -Change Water and Power Supplies. -Enhance Customer Service. LADWP is focused on keeping the…
