Power costs coming down after council passes interim rate adjustment
MEDICINE HAT — A new lower interim rate for electricity will take effect on November 1, after city council unanimously passed a bylaw amendment last night.
The vote came after a nearly 3 hour public hearing where council heard arguments both for and against implementing an interim rate, while a longer term review of how rates are set is conducted.
Managing Director of Energy, Rochelle Pancoast began the public hearing by highlighting current customer concerns, including fear of limited choices, contract duration and sudden price increases.