Gallatin Board of Aldermen Considers Electric Rate Increases
Date 2013/9/10 11:07:45 | Topic: News
|The Gallatin Board of Aldermen is considering an electric rate increase of about 10 percent, attributed mainly to increased costs for purchasing power.|
The aldermen, on Monday night, heard a first reading on an ordinance to adjust the electric rates. A second reading is scheduled at the meeting on Monday, September 23rd. If approved, the electric rate increase would be effective with October's bills.
This summer, Gallatin aldermen have been approving increases on electric bills of 1 cent per kilowatt of electricity used, in response to wholesale costs to purchase power. Now, a 10 percent increase is being considered.
City Administrator Zac Johnson said the factors for the increase have been "issues with an electric pool", along with "issues with a couple of power plants", "the mild weather from earlier this summer resulting in lower sales", and Gallatin "no longer receiving generator-related capacity credits". Those credits were lost because generators in Gallatin could not meet EPA emissions control requirements.
On another topic out of Gallatin, Park Street will receive an overlay THIS week. This will be a ONE-DAY project.