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Council told 5% electric rate increase, deposit elimination and infrastructure projects will reach full council
Summary
The electric committee plans to present a draft ordinance to the full council that cleans up service-agreement language, eliminates service deposits and puts forward a 5% rate increase; the committee also reviewed several capital projects and an EAC resolution on energy goals.
Councilman Andrew Carroll, reporting for the electric committee, said committee members will bring a cleaned-up electric ordinance to full council in two weeks that includes updates to the service agreement language, a new approach to meter-testing fees and the planned elimination of service deposits.
Under the plan described at committee, existing customer deposits would be applied as bill credits (up to $200 normally or $300 for electric-heat customers) and then credited against monthly…
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