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,...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 12/07/2021 15:34