Terry Huval Discusses Proposed LUS Rate Hike (Audio)
This week, the Lafayette City-Parish Council revealed to residents in Lafayette and the Parish what they can expect to see and feel after the 2015-2016 budget ends on October 31.
Of the three main areas highlighted in that discussion, KPEL's Rob Kirkpatrick and Bernadette Lee decided to focus in on the proposed nine percent LUS rate hike. And who better to focus on in that than with LUS Director Terry Huval?
In their discussion, Huval addressed why LUS needs the rate hike and breaks it down below:
- Capital improvements
- New electrical power plants
- Sewerage for a growing south Lafayette
- an electrical substation for north Lafayette
Huval also responded to asking for a rate increase despite the oil & gas industry suffering in the area. He talked about why "planning ahead" even in these tough times is the smart thing to do.
For a customer using 1,000 Kilowatts who pays $145 a month, this gradual rate hike over three years will increase the customer's bill by $14 a month, according to Huval.
On August 11th at 1 p.m., there will be an LCG budget review for LUS fiber.