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Dover Council adopts electric rates and opens public hearing on FY26 electric budget
Summary
City officials presented the proposed FY26 electric fund budget, citing higher wholesale power prices, aging substation equipment and rising labor and material costs; council adopted the new rates and tariffs after a public hearing in which residents urged relief for households on fixed incomes.
The Dover City Council adopted new electric rates and tariffs and held a public hearing on the city's fiscal year 2026 electric budget, which staff said responds to rising wholesale power prices, aging equipment and higher labor and materials costs.
The budget hearing featured a presentation from Sean Burget, systems operations and engineering superintendent for the City of Dover Electric Department, who told council the FY26 plan concentrates on "high expense purchases and larger projects" including substation transformer replacements, overhead-to-underground conversions and support for new service extensions to accommodate new housing developments. "We have 13 substations, and these transformers have a life expectancy of 40. We have 4 of them that are over the age of 40, and we're planning to replace these," Burget said.
Burget explained that a central driver of the changes is volatility in regional wholesale pricing managed by PJM Interconnection. "For FY25 and…
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