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Council adopts change to electric base rate, moving from 6.74¢ to 7¢ per kWh; takes effect Sept. 1
Summary
The council adopted Resolution 25-68 to raise the electric base rate from 6.74 cents to 7.00 cents per kilowatt-hour to reduce volatility in the power-cost-adjustment (PCA); staff said the change reduces PCA spikes and will take effect Sept. 1.
The Coldwater City Council voted to adopt Resolution 25-68 to adjust the electric department’s base energy charge from 6.74 cents to 7.00 cents per kilowatt-hour, effective Sept. 1. Staff said the change is intended to reduce volatility in the power-cost-adjustment (PCA) portion of bills and to make costs more predictable for customers.
Paul, City…
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