Residents of Bethany can expect an increase in their electric rates in the future after members of the Bethany Board of Aldermen were told the city has been selling electricity to its customers for less than what it was paying to the supplier, Missouri Public Utility Alliance.
The Bethany Republican-Clipper reported City Administrator Jan Hagler told board members that while city hall personnel had been aware that the electric rates from MPUA had been on the rise for most of the year, they had been assured that the rates would decline after problems with unplanned outages at the Plum Point and Prairie State power plants. The power supplier also had to deal with lower sales during the mild summer, which also increased the cost of electricity. However, the city has since been told that energy rates will not rebound as had previously been expected.
Hagler estimates that the city would need to raise its rates from 11.5 cents per kilowatt hour to 13 cents, which would result in a $10 per month increase for a single household and a $25 a month hike for a family of six. Hagler said the city would need to take action immediately to avoid jeopardizing the city’s ability to provide energy to its customers.
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