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Seaford council keeps PCAC intact to avoid rate swings, votes to carry refund to 2027
Summary
The Seaford Mayor and Council unanimously adopted option 2 for the Power Cost Adjustment Clause (PCAC), choosing to leave rates steady in 2026 and carry an overcollection (~$540,000) forward rather than give an immediate rebate that officials said could force higher increases in 2027.
The Seaford Mayor and Council voted unanimously Jan. 13 to adopt option 2 for the city’s Power Cost Adjustment Clause, keeping the PCAC unchanged for 2026 and carrying an overcollection of about $540,000 into future billing rather than issuing a full rebate this year.
Chris Simms, who addressed the council as the presenter from Smart Utility Management, told the council the city received a one-time credit in July 2025 (about $283,000) related to a reliability "must-run" requirement and that differences between forecasted and actual wholesale power costs left the city with roughly…
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