Comment on City, SPS reach rate hike agreement

City, SPS reach rate hike agreement

Amarillo City Council members voted unanimously Tuesday to accept a reduced rise in electricity rates, finalized the budget and tax rate and accepted a sizeable grant for low-income housing. Southwestern Public Service reached a negotiated settlement with ratepayer groups, including the city, that would boost rates for average residential customers by 8 percent. “The increase would be $37 million (a year).

 

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