Increased electric rates pass first reading
November 25, 2021
The Borough Assembly voted to approve the first reading of Ordinance #2021-18 which aims to cover the utility revenue requirements and update language in the borough code during its November 17 meeting.
The increase to electric rates is based on the results of a rate study conducted by D. Hittle & Associates.
The rate study concluded that an increase in revenues is required to make up for the debt services associated with the Blind Slough Hydroelectric Refurbishment and the Scow Bay Standby Diesel Generation projects and the projected increase of SEAPA rates.
According to the ordinance,...