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Council sets electric power-purchase adjustment (PPAC) to zero for June bill cycle
Summary
The council voted to set the Power Purchase Adjustment (PPAC) to 0 for the upcoming billing month, citing the rate-stabilization fund balance and staff recommendation.
The Brigham City Council voted to set the electric power-purchase adjustment (PPAC) rate to 0 for the June billing cycle.
Finance staff explained the PPAC mechanism is an ordinance-authorized adjustment that can be positive or negative depending on wholesale power costs and the balance in the rate-stabilization fund. City staff and the mayor recommended removing the PPAC for the month to reflect the current stabilization fund position. The council approved a resolution to set the PPAC to 0 by roll call vote.
