Council approves 5.2% electric rate increase
Faced with an annual operating deficit of more than $1 million, Martinsville City Council has approved a 5.2% electric rate increase.
Source: martinsvillebulletin.com
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Faced with an annual operating deficit of more than $1 million, Martinsville City Council has approved a 5.2% electric rate increase.
After multiple presentations of the same material and data, and despite concerted encouragement from city staff, Martinsville City Council held off on deciding on another recommended electric rate increase until a meeting in January.
Martinsville City Council tabled a vote on a proposed 5.2% electric rate increase, but will consider the matter again at a meeting on Dec. 19.