Electricity Rates

University of Utah Rate Schedule for Electric Service FY26

Effective for Bills Dated After

July 2025

Application

This schedule is for electric service for all buildings supplied through one of the University of Utah’s central distribution systems (not directly served and billed through an external utility company).

Recent Billing Rates – For Reference Only

Rates calculated monthly based on actual electricity bills.

 

Rate Calculations

Rates are calculated monthly by dividing the sum of campus electrical production costs (in U.S. dollars) by the sum of external electrical energy consumption and internal generation (in kWh) over the same period.

Electrical production costs include the direct purchase of electricity, portion of fuel attributed to electrical generation of the cogen system, and associated supplier fees (including peak demand and power factor charges), surcharges, and taxes. Production costs also include the University’s labor and material costs of the previous calendar year for operation, maintenance, and metering of the electrical distribution systems.

As of FY26, renew and replace (R&R) is collected from all users for the replacement of major assets necessary for the replacement of major assets necessary for central production, distribution, and metering of electricity. R&R collection is based on 1) planned and approved projects along and 2) maintaining an account balance that would recover emergency equipment replacement.

Scheduled Rate Adjustments

Rates are calculated monthly and are primarily determined by the resource cost. Therefore, rate forecasts only consider information available at the time of the forecast (i.e. February each calendar year) but monthly rates would reflect actual prices from suppliers.

Time Periods

Seasonal rate adjustments of suppliers are directly reflected in monthly purchase costs and the monthly rate calculations.

Consumption Measurement and Calculation

Where one or more commercial-grade building-level meters are present, consumption is directly measured. Where existing devices are unable to directly measure consumption for a group or area, values are calculated based on the measurements of the closest parent meter and the percentage of served floor area.

Readings typically occur once a month and are estimated during months when meters are inaccessible or awaiting repair.

Sustainability & Energy

Email: energy@fm.utah.edu