Hoover Dam Power Rates Get a Modest 2.5% Bump Upward
Published Date: 11/19/2025
Notice
Summary
Starting October 1, 2025, the Boulder Canyon Project’s electric service rates will go up by 2.5%, raising the base charge from $74.3 million to $76.2 million for fiscal year 2026. This change mainly affects the power customers who get electricity from Hoover Dam and is due to less leftover money from last year. These new rates will stay in effect through September 30, 2026.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Hoover Dam Power Rates Increase
Starting October 1, 2025, the Boulder Canyon Project base charge rises 2.5% from $74,334,285 in FY2025 to $76,174,568 for FY2026 and stays in effect through September 30, 2026. Customers receiving power from Hoover Dam (Hoover power contractors) are billed a percentage of this base charge based on their power allocation. Unit rates also increase: composite rate from 24.39 to 25.89 mills/kWh (6.2%), energy rate from 12.20 to 12.95 mills/kWh (6.1%), and capacity rate from $2.17 to $2.27 per kW‑month (4.6%).
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