TCLP Approves Rate Hike, Local Awards; Launches New Energy Assistance Program
By Beth Milligan | Sept. 9, 2026
Traverse City Light & Power (TCLP) board members voted Tuesday to approve a 5 percent rate hike for customers starting October 1. The city-owned utility will launch a new energy assistance program that same date. Board members Tuesday also approved several local funding awards and discussed planned support for energy-efficient HVAC equipment at Central Grade School, with school district trustees set to vote Monday on approving that alternate system.
Board members held a required public hearing before approving a planned rate hike Tuesday. TCLP Chief Financial Officer Karla Myers-Beman said the 5 percent increase is necessary to maintain reliability, invest in grid modernization, and keep up with increasing costs. It’s …
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