Ordinance proposes 4% electric rate increase

The first reading of an ordinance that would raise Petersburg electric utility rates by 4% starting on July, 1, 2026 came before the Petersburg Borough Assembly at last week’s meeting.

The Petersburg Borough Assembly voted 7–0 to advance Ordinance 2026-08, which updates electric utility rates and charges for fiscal year 2027. The increase was identified through the borough’s Waterworth financial forecasting software, which Utility Director Karl Hagerman implemented last year in place of the previous rate study process.

For a typical residential customer using 1,203 kilowatt-hours per month, th...