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Select Board raises EV fast‑charger price to $0.55/kWh after payouts fail to cover rising electric costs
Summary
Facing higher kilowatt‑hour rates and demand charges, the board voted Feb. 9 to raise the town’s Level‑3 EV charging price from about $0.45 to $0.55 per kWh effective immediately; members said Ready Network payouts and demand charges currently leave the town subsidizing chargers from the general fund.
The Hamden Select Board voted Feb. 9 to increase the town’s Level‑3 electric vehicle charging rate to $0.55 per kilowatt‑hour, after staff reported that rising electricity costs and demand charges have left the town subsidizing charger use.
Staff told the board that utility retail kilowatt‑hour rates have risen substantially in recent months and that Ready Network payouts to the town are not matching…
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