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City Council caps electric rates at 8.5 cents
Marshall officials approved a plan with Michigan South Central Power Agency to cap electricity at 8.5 cents per kilowatt hour starting Sept 1. The measure aims to stabilize bills, reduce costs by 3 to 4 percent, and fund the stabilization reserve as debts from the Litchfield Endicott Plant decline, with full relief hoped by late 2010.
MENTIONED IN THIS ARTICLE
Marshall
Tom Tarkiewicz
Michigan South Central Power Agency
Tarkiewicz
Enron
Brent Williams
Con
Sumer
Detroit
Bruce Smith
Litchfield Endicott
Litchfield
Jim Dyer