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Tarkio Electric seeks 42.6% rate increase in petition
Tarkio Electric and Water Co asks the State Public Utilities Commission for a 42.6 percent power and water rate hike, saying it is financially strapped, unable to pay coal bills or bond interest, with a 1920 twelve month operating loss of 789.27 and an overall deficit of 9,557.84 after interest. The company cites rising coal and labor costs, needs immediate repairs, and seeks funds for a new boiler capacity and a water stand pipe, with repairs estimated at 25,000. The commission, city officials, and neighboring towns are reviewing the request.
MENTIONED IN THIS ARTICLE
Public Utilities Commission
Andersen
Tarkio