Why is Cloverland using a phased approach to rate adjustments?

Cloverland’s phased approach is designed to balance reliability, financial stability and member affordability. Spreading rate adjustments over multiple years helps avoid a single, larger increase while allowing the cooperative to keep up with rising power supply, infrastructure and operating costs. This approach provides members with greater predictability and time to plan, while ensuring Cloverland can continue delivering safe, reliable and affordable electric service.