# Rate increase
Clay Electric hikes rates again, fifth increase in less than year
Clay Electric Cooperative has announced it will be raising rates for the fifth time in less than a year due to increases in the natural gas market. The higher cost will be reflected in the Power Cost Adjustment (PCA) on customers’ power bills. The additional amount each customer pays each month will vary based on how much electricity is used.
Local Postmasters Prepare for a Run on Stamps As Postal Rates Go up Next Week
Local Postmasters across the Tri-Cities are advising customers to stock up on forever stamps if they want to save a few cents. The U.S. Postal Service (USPS) price hike will increase the cost of forever stamps by two cents effective Sunday, July 10 - making the first-class stamp 60 cents. The United States Postal Service published its rate adjustment notice on April 6, 2022.
Clay Electric customers getting another increase in rates
Clay Electric Cooperative customers will see another increase in rates, beginning with their May billing cycles. The cooperative is implementing its second increase in one month because of soaring natural gas costs, which recently hit a 14-year high, according to Clay Electric’s website.