Ahead of Rate Increases, GRU Customers To See Slight Decline in Next Two Bills
Published July 19th, 2013
GAINESVILLE - Ahead of expected rate increases, customers of Gainesville Regional Utilities may notice a slight decline in their next two energy bills.
Late Thursday night, Gainesville city commissioners voted 6-to-1 to lower the fuel adjustment rate through the end of this fiscal year. Commissioner Thomas Hawkins was the lone vote in dissent.
The average GRU customer will now see about a $12 decrease on each of their next two energy bills.
The measure was added to the agenda by Commissioner Todd Chase, who wanted to lower the total amount of money in the fuel levelization fund to the previously-forecasted amount of $21 million.
Current estimates have that fund sitting at $26 million.
Commissioners will now come back on Monday to discuss the fuel adjustment rate for the the next fiscal year, among other issues relating to GRU's annual budget.
The utility's budget proposal, as presented earlier in the week, calls for higher fuel adjustment rates to help pay for power once the biomass plant comes online.
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