Utilities commission reports higher purchased-power and gas costs, taps stabilization fund
Hutchinson Utilities Commission members reviewed January financials showing elevated market-driven electric and gas costs, approved the financial statements and discussed customer bill impacts and plans to replenish a $415,000 draw from the rate stabilization fund.
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The Hutchinson Utilities Commission on Wednesday reviewed January financial statements showing a sharp increase in purchased-power and gas costs that prompted a power cost adjustment and use of reserves.
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