Assembly moves forward with electric rate increase
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PETERSBURG – The Petersburg Borough Assembly voted unanimously to increase electric rates by 4 percent over a two-year period.
The rate increase comes after Petersburg Municipal Power and Light (PMPL) Superintendent Joe Nelson asked for guidance from the assembly as he moves forward in creating next year’s budget.
Nelson told the assembly one of two things needed to be decided, one of which was the rate increase.
“The other one would be to purposely approve a deficit budget which draws our reserves down and basically kicks the can down the road for a few years and potentially, a co...
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