The Gallatin Board of Aldermen has approved an increase in electric rates. Click to hear KMZU’s Sarah Scott speak with City Administrator Zac Johnson:
The change was approved at Monday’s Board of Aldermen meeting. “The main reason why we had to do this was because of the increasing cost of wholesale electricity,” said Johnson, “We’ve seen a drastic increase in our wholesale cost this year, and unfortunately we weren’t able to carry that burden on our own, and had to pass that on to our customers.”
The City attempted to shoulder the increased cost of wholesale electricity on their own, but it was no longer possible.
“We made several attempts this year, we scaled back several projects. And made several attempts to try to decrease our spending. But, unfortunately, our efforts weren’t enough.”
The increase will total about 9.5 to 10 percent. It goes into effect with the October bill.