Spring City council to adopt three-year power-rate formula after public hearing
Spring City council held a public hearing on a proposed three-year power-rate model and related budget items, discussing a consultant-recommended power cost adjustment (PCA) formula, modest rate increases beginning July 1, and the city's multi-year effort to recover roughly $400,000 in net power costs.
The full story
Spring City held a public hearing on proposed changes to the city's electric rate structure and the operating budget, during which council members and staff described a consultant-designed monthly power cost adjustment model and modest, phased rate increases beginning July 1.
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