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Power Rates May Increase For City Customers
Greg S. Williams � July 17, 2012 Officials learned July 10th that several factors have combined to exert upward pressure on the cost of electricity delivered to City customers.
According to MEAG, the cooperative which delivers power here on a not-for-profit basis, the cost increases are driven by the following factors: *Environmental control retrofits on coal units.
*Lower wholesale market prices, which�have reduced margins on the sale of excess energy. *The long term increase in fuel and operating costs. *Load destruction and slow load recovery. These factors will combine to�result in modest�cost increases to the city. The exact amount of�rate increases or their timeframe has not yet been specified. A MEAG article, along with charts and graphs appears below. �
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