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Mineral Wells joins Encore steering committee and suspends utility rate increase pending review
Summary
The Mineral Wells City Council voted 6-0 to join a steering committee of cities served by Encore Electric Company LLC, pay a $0.11-per-capita membership fee and to suspend the company’s proposed July 31 rate increase so outside counsel can review and, if needed, litigate the request.
The Mineral Wells City Council voted unanimously Tuesday to join a coalition of cities challenging a proposed Encore Electric Company LLC rate increase and to suspend the company’s July 31 effective date so legal and consulting experts can review the request. City staff told the council Encore filed a comprehensive base rate application on June 26 that staff characterized as seeking roughly $834,000,000 in additional transmission and distribution revenue — an amount the presenter said represented about a 13% systemwide revenue increase, a 12.3% increase in residential rates and a 51% increase in street-lighting rates. The…
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