Legislation Details

File #: 11-0077    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 6/7/2011 In control: City Council
On agenda: 6/27/2011 Final action: 6/27/2011
Title: An ordinance to amend Chapter 29, Utilities, of the Code of the City of Rock Hill concerning Electric Rates.

Title

An ordinance to amend Chapter 29, Utilities, of the Code of the City of Rock Hill concerning Electric Rates. 

Body

This ordinance will raise Electric Rates 4% to partially cover our 8.3% Purchased Power Increase.  This will increase our average residential customer's monthly bill $4.04.  The 4% represents a reduction from the rate increase that staff previously proposed (5%) during the Budget Workshops.  Staff recommends approval of this item.