SPRINGFIELD UTILITY BOARD - NOTICE OF PUBLIC HEARINGS - PROPOSED 2026 WATER, ELECTRIC, AND DARK FIBER RATES AND PROPOSED 2026 UTILITY BUDGET

SPRINGFIELD UTILITY BOARD - NOTICE OF PUBLIC HEARINGS - PROPOSED 2026 WATER, ELECTRIC, AND DARK FIBER RATES AND PROPOSED 2026 UTILITY BUDGET The Springfield Utility Board plans to hold public hearings in November and again in December on proposed changes in rates for 2026, due to increased capital and operating costs. SUB is proposing an overall water rate increase of 8.5 percent with a proposed effective date on all bills rendered on or after February 1, 2026; a 3.0 percent electric rate increase will be proposed with an effective date on all bills rendered on or after May 1, 2026, and a proposed 8.5 percent dark fiber rate increase to be effective on all fiber bills rendered on or after May 1, 2026. The Board will also hold a public hearing in November and again in December on the proposed 2026 utility operating budget. The first public hearings will be held during the regular board meeting on Wednesday, November 12, 2025. The purpose of the first public hearings is to gather public input. No action will be taken at the November 12 board meeting. The second and final public hearings will be held during SUB's regular board meeting on Wednesday, December 10. Following the second public hearings at the December meeting, the Board is expected to consider adoption of the proposed changes to water, electric, and dark fiber rates for 2026; and to consider adoption of the proposed 2026 budget. The November 12 and December 10 regular board meetings will be held in SUB's Board Room located in the Annex Building at 223 A Street in Springfield, and are to commence at 6:00 p.m. The public hearings will be held under Business from the Board portion of the meetings. Members of the public are invited and encouraged to join the regular board meetings and public hearings to share input with the Board in-person or remotely via phone or internet. Prior to the meetings, the agendas with instructions to join remotely will be available on the website at www.subutil.com under Board Meetings. The public may also submit public comment in advance to be entered into the record by Noon on November 12 and December 10 by using the email link provided on the agendas. Information on the proposed change in rates and proposed budget will be available for public review prior to the meeting on SUB's website at www.subutil.com under Board Meetings. To receive copies of the proposed rate structure or proposed budget by mail, or to obtain answers to questions, please call Meredith Clark at 541-744-3794. November 2 2025 LEUG0398949