Our proposal
Our Draft Annual Plan proposes to continue funding the Climate Resilience Fund, including maintaining the 0.25% rates increase from July 2025. We also propose to continue applying an additional 0.25% increase each year of the Long Term Plan, as originally intended. This approach would cumulatively reach a 2.25% increase over the 10 year period and allow the Fund to build to approximately $115 million by 2034.
