Bonds

Program

Electric Utility

Electric Utility

CUSIP-6
768874

Electric Program

Riverside Public Utilities’ (RPU) Electric System delivers reliable, affordable power across the city’s 81.5 square miles, serving residential, commercial, industrial, agricultural, and municipal customers.

Committed to sustainability, RPU integrates renewable energy, invests in modern infrastructure, and maintains a resilient grid. To support these efforts, it strategically issues bonds to fund its long-term Capital Improvement Plan (CIP). The current CIP, through FY 2028-29, allocates $339 million for infrastructure modernization, system automation, substation upgrades, and ongoing maintenance. The 2024A Electric Revenue Bonds support this plan and align with City’s initiative to refinance debt when cost savings are possible.

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There are currently no active bonds.
S&P
AA-
Outlook
Stable
Date
Jan 2024
Fitch
AA-
Outlook
Stable
Date
Jan 2024