Imperial Irrigation District is considering sharply raising electric rates over the next three years to meet what its senior staff and a consultant say could be a future $100 million shortfall in covering costs of service and infrastructure upgrades necessary to provide reliable power to all of Imperial County and large stretches of the Coachella Valley. The district’s budget is presently in the black, with large cash reserves available now, a close read of the consultant’s report shows. But officials stressed those could dry up in future years. The rate hikes would affect all categories of customers, including residential, agricultural, commercial and municipal if IID’s board of directors adopts the recommendations in a report prepared by NewGen Strategies and Solutions, which was presented on Tuesday. IID is not about to go bankrupt. The agency procured $318 million in various government grants for power and water programs in 2024, has applied for another $400 million, and has hefty total cash reserves, though a spokesman could not immediately provide an exact amount.