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City approves $3 monthly cut in Garden City electric charge
Garden City commissioners on Tuesday unanimously approved an ordinance reducing the residential electric monthly customer charge from 22.50 to 19.50 dollars starting Jan. 1. About 9,500 residential customers will benefit while commercial and hotel or apartment tenants with bundled charges remain unaffected. The move trims annual electric revenue by roughly 353,000 dollars but preserves the electric utility’s operating reserve, estimated at 5.8 million dollars, to cover payroll, bills, disasters, and future system needs.
MENTIONED IN THIS ARTICLE
Garden City
Janet Doll
Public Utilities
Mike Muirhead
Muirhead
Garden City Recreation Commission
Capital Improvement Reserve
GCRC
Melinda Hitz