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City discusses purchase power adjustment, proposed electric fund and emergency utility assistance uptick
Summary
Officials previewed a purchase-power adjustment and a proposal to set aside funds in the electric utility for peak-cost mitigation rather than raising broad rates; staff also said donation-funded emergency assistance (HEAT) has seen increased requests during a federal shutdown.
City staff and council members discussed a proposed purchase-power adjustment and a mechanism to restrict funds inside the electric utility to cover extreme peak energy costs as an alternative to a general rate increase.
An unidentified presenter explained the proposal: set aside funds within the electric department…
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