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Huntersville to hold electric rates steady; renewable-energy rider to rise 5¢ per month
Summary
Town staff said proposed municipal electric rates will not change for FY 2026, but the renewable-energy portfolio standard (REPS) rider collected from customers will increase from $0.82 to $0.87 per month effective July 1.
Town electric rates are proposed to remain unchanged in the FY 2026 budget, staff told the Huntersville Town Board, but the renewable-energy portfolio standards (REPS) rider will increase from $0.82 to $0.87 per customer per month effective July 1.
David (staff member) explained the REPS rider and its legal basis: the rider is a pass-through charge collected from electric customers and remitted to the power agency to comply with…
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