Elizabeth City NC - EC bracing for new rate hike Olson: ElectriCities’ costs ‘not looking good’
Monday, September 29, 2008 at 10:30 PM
Posted in ElectriCities
by DCN
Elizabeth City officials are bracing for another possible rate hike from the city’s electricity supplier — the third in three years.
City Manager Rich Olson said last week that when the N.C. Eastern Municipal Power Agency met earlier this month, no specific rate hike proposal was discussed. However, a review of cost projections and NCEMPA’s “working capital” for the coming year was sobering, he said. (Daily Advance)
See related:
Important post about ElectriCities of North Carolina at a glance updated 9.21.08
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