Franchise Fee Information
We believe that providing great service includes providing clear and transparent information. When Longmont Power & Communications reports its rates, we include the City’s 8.64% Franchise Fee. This is paid to the City of Longmont’s General Fund, which supports the community’s police and fire protection, parks and recreation, planning, code enforcement, library services, economic development, and many other vital city services.
Be warned: While ALL utilities pay a franchise fee, not all of them will report it as part of their rates! An electric provider in another community may only list how much their customers pay per kilowatt-hour, without including the other costs that get passed on. To truly see how Longmont’s electric rates stack up against other communities, ALWAYS look at both the per-kWh and kW rate charged and all other “adders,” including the franchise fee!
Even after including the city’s franchise fee, LPC’s rates remain among the lowest in the state and the nation. Our information below will help you make the most accurate comparison with other utilities or associations. Please don’t hesitate to contact us with any rate-related questions.
LPC Rate Comparison to Colorado
In 2016, LPC rates continue to be lower than the average electric rates in Colorado. This year, LPC’s residential customers are paying 34% less than the average electric rate in Colorado. In addition, our small commercial customers are paying 30% less, our large commercial customers are paying 28% less, and our industrial customers are paying 12% less than other Colorado utilities charge, on average.
2016 LPC rates also compare favorably to the average rates of neighboring utilities. Residential customers are paying 32% less than the average, and small commercial customers are paying 30% less. LPC’s large commercial and industrial customers are paying 31% and 10% less respectively.
* Data is based on a Colorado Association of Municipal Utilities July 2016 survey
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