| PUC Tells BEL: “How Low Can You Go?” |
| Thu, April 30, 2015 |
|
In April, BEL asked the PUC to approve a 10% decrease in electricity rates; the PUC today announced that it wants more: a 15% cut in rates. Under the PUC initial decision, the average electricity rate would go from 41 cents to 35 cents per kilowatt hour.
The proposed rate would be effective from July 1, 2015, to June 30, 2016.
But, it's not final yet, and BEL can object or members of the public can ask for more - but they must do so in writing to the PUC before May 10th.
BEL has not indicated if it will challenge the decision.
|
