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What is the proposed rate increases?

October 29, 2024

TID is proposing a 16.7% rate increase, spread out over three years – 5.6% in 2025, 5.6% in 2026, and 5.5% in 2027 – for residential (DE) customers. However, each rate class will see a different increase, depending the costs to serve each rate type. Below is a table listing the proposed rate increase by rate type.

Residential Service (DE)

  • 5.6% increase effective 2025
  • 5.6% increase effective 2026
  • 5.5% increase effective 2027

Commercial Service (CE)

  • 3.8% increase effective 2025
  • 4.2% increase effective 2026
  • 5.5% increase effective 2027

Note that some rate types are proposed to increase more than others. This difference is based on the cost to serve that particular rate – domestic, commercial, industrial, etc. For full list proposed electric rate changes by rate type, click here.