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Director's report: PCA at zero, rate-stabilization used; staff promotions and community programs announced
Summary
The director reported a PCA of zero for January, said the utility used a rate-stabilization fund to offset costs, noted natural-gas price risks and potential hedging, and announced staff certifications and upcoming community programs and dates for strategic planning and cybersecurity training.
The director reported the power cost adjustment (PCA) for January was zero and said the utility used funds from a rate-stabilization account to offset higher power costs. "Our PCA for January is 0," the director said, noting the rate-stabilization fund was used to keep the PCA at zero.
The director warned that natural-gas futures indicate upward…
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