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Long-serving electric staffer Tim to retire as Berlin grapples with steep purchase-power and equipment costs
Summary
Tim, a long-serving electric staffer, was recognized at the work session as staff laid out a roughly $1.27 million increase in purchase-power costs, aging power-plant equipment and a proposed rate study and possible reclassification to recover capital costs.
Berlin’s utility budget work session featured a farewell to Tim, an experienced electric utility staffer, and an extended review of pressures on the town’s electric fund: steep purchase-power cost increases, rising renewable portfolio compliance fees and aging generation equipment that will require carry-forwards or replacements.
Tim, who was acknowledged for roughly 16 years working with the town’s electric operations, spoke about equipment and market pressures as staff laid out the numbers behind the electric fund’s gap. "There's an increase of, $1,274,420, which is a 40.54% increase on the cost of purchase power," staff said, describing…
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