Galion City Council members say electric customers will see a small decrease in their electric rates after they passed an ordinance updating the city’s Power Cost Adjustment during a special meeting Wednesday night.
The PCA, which was originally set at 0, was adjusted to -0.0025.
Council members estimate the change would save about $4-$5 per month for 750 kilowatt users.
“We passed the ordinance earlier in the year that updated the PCA that was last updated in 2005,” Councilman Mike Richart said. “The new ordinance creates a process where the PCA would be reviewed twice a year. This is the first time it was reviewed under the new ordinance.”
Galion Mayor Tom O’Leary thanked council for taking action.
“This is another example of the council taking care of business on their watch,” he said. “It’s a better deal for Galion electric customers.”
Council also passed an ordinance authorizing the advertising of bids for several street paving projects and another ordinance for pavement inspection services.
RECOMMENDED FOR YOU