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Rocky Mount council picks preferred electric-rate option after staff presentation; staff to include chosen structure in budget
Summary
Council conducted a straw poll on three electric-rate options that shift recovery between residential and business customers. Staff reported an unofficial leaning toward option 2 after members discussed impacts on households and industry and will include the chosen approach in the budget packet.
Rocky Mount’s Director of Energy Resources, Chris Beschler, presented three rate-design options that would raise utility revenues while distributing increases differently across residential, small business, medium business and large industrial customers. The council conducted a straw poll and—after initial tallies and some shifts—staff reported an unofficial consensus in favor of option 2 for inclusion in the budget process.
What was presented
Beschler explained that the three options produce the same total revenue but allocate increases…
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