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Energy Southeast official tells Opelika council municipal utility rates have been stable
Summary
Fred Clark of Energy Southeast told the Opelika City Council that contract renegotiations stabilized electric rates from 2012–2025 and that new contracts are expected to maintain stability for the next decade, keeping Opelika competitive in Lee County.
Fred Clark, president and CEO of Energy Southeast, told the Opelika City Council on Jan. 6 that cooperative contracts negotiated in 2010 helped stabilize local electric rates and that the citizens of Opelika did not experience a rate increase during a 13-year period covering 2012–2025.
Clark described the history of municipal power in Alabama, noting that the Alabama Municipal Electric Authority (now Energy…
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