Making the Grade (More Power to You blog)
Rates and Fees
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.
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 2023, LPC rates continue to be lower than the average electric rates in Colorado. This year, LPC’s residential customers are paying 29% less than the average electric rate in Colorado. In addition, our small commercial customers are paying 20% less, our large commercial customers are paying 13% less, and our industrial customers are paying 11% less than other Colorado utilities charge, on average.
2022 LPC rates also compare favorably to the average rates of neighboring utilities. Residential customers are paying 21% less than the average, and small commercial customers are paying 9% less, while LPC’s large commercial customers are paying 8% less than the average.
* Data is based on a Colorado Association of Municipal Utilities January 2023 survey
Full rates and regulations governing electric service can be found here