The Ratepayer Report Card is a simple, one-page summary delivered directly to customers. Instead of asking ratepayers to dig through budgets, audits, and board packets, the PUD would provide clear, plain-language reporting on the information that matters most.
Current residential base charge
Change from last year
Average monthly residential bill
How rates compare to neighboring utilities
Revenue
Expenses
Debt
Cash reserves
Outage minutes per customer
Reliability metrics
Major projects completed
Major projects underway
Board goals
Progress toward goals
Major votes affecting rates
Upcoming public meetings
This is an example of what the Ratepayer Report Card would look like. The final design would be developed with public input and PUD staff, but the goal is simple: give ratepayers a clear, one-page snapshot of PUD finances, system performance, and major projects without requiring to dig through mountains of documents. The information already exsists, the challenge is making it easy to understand.
Most people don't have the time to read a budget. You shouldn't have to. Ratepayers deserve the same kind of straightforward reporting that businesses provide to shareholders and schools provide to parents. The Ratepayer Report Card would make it easier to understand where your money is going and how well the PUD is performing.
No. Most of this information already exists and the Ratepayer Report Card is simply a layout and design change, not additional printing. The cost is effectively zero.
No. Full reports would still be available.
Yes. The PUD has a fudiciary duty to ratepayers. The report card would summarize existing financial and operational data.
Every month. The Ratepayer Report Card would appear directly on the billing statements customers already get, so ratepayers can see important financial and operational information without needing to search for it.
Yes, but it can be hard to find, and ratepayers shouldn't need to sacrifice their time or energy to look for it. The Ratepayer Report Card summarizes key information an easy to understand format and deliver it directly to customers every month.