22% over 3 years is what they are asking the PUC to approve. The impact will be felt by all in the valley but lets not forget to mention businesses. This increase would just add insult to injury for the many small businesses whose bottom line keeps shrinking year after year, with operating cost increases and shrinking sales revenues that most have been experiencing the past couple of years.
The hope I have for small businesses to survive in our tourist driven local economy is for us to begin at once to market ourselves as first class retail shopping and dining destination on a year round basis. This will take some extensive investment in order to meet customer expectations. Parking, traffic circulation and public transportation issues will have to be met, as well as amenities shoppers are accustomed to experiencing, if we intend to compete in the Southern California marketplace.
Joe Nelson on Electric Rate Increase for the Valley:
timbreunig@unitedwoodcraftsmen.com
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