Through these and other economic development and redevelopment efforts, the City of Azusa promotes job growth and economic stimulus within the community. Over the last few years, there has been a substantial growth of new and existing businesses along with the revitalization of shopping centers and the downtown.
Since utility costs directly affect the bottom line of businesses, Azusa Light & Water and the Utility Board believe that the availability of discounted electric rates could make a significant difference in the decision by a commercial/industrial entity to locate or expand locally. As such, Azusa Light and Water has adopted a new rate tariff, Schedule EDR-2, to establish Economic Development Rate discounts of 15% to 40% for 60 months on a pilot basis for businesses applying between July 1, 2012 and June 30, 2015.
For more information about the new Economic Development Rate, please go to Schedule EDR-2 in our Electric Rules & Regulations on this web site or contact Paul Reid, Key Accounts Manager at 626-812-5154.