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Richmond Power & Light board awards $188,500 bid, approves 2026 budget, employee COLA and ECA rates
Summary
The Richmond Power & Light board awarded a $188,500 bid for a directional drill, approved the 2026 operating and capital budgets, adopted a 3% cost‑of‑living increase for P&L employees, and approved modest ECA rate adjustments for 2026.
At its Dec. 1 meeting, the Richmond Power & Light (RP&L) board approved several operational actions, including awarding equipment procurement, adopting the 2026 budget, approving employee compensation adjustments and setting ECA (wholesale power) rates for the coming year.
General Manager Tony (first identified at the RP&L meeting) recommended awarding a bid for a new horizontal directional drill to Ditch Witch for $188,500 after trade. Tony said the lower bid from Vermeer did not meet the…
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