Municipal Services Commission of the City of New Castle

NEWS RELEASE: ELECTRIC AND WATER RATE INCREASES

For Immediate Release 01/23/24   ELECTRIC AND WATER RATE INCREASES     The Municipal Services Commission (MSC) completed a Cost-of-Service Study and rate designs with Utility Financial Solutions (UFS) a national firm specializing in rate designs and cost projections for municipally owned utilities. The cost to serve our customers continues to increase due to increasing regulations and energy policies set at the state and federal level. The study showed a need for an additional 7.2% revenue for the electric utility and 8.0% increase in water utility revenues in order to maintain the system and levels of service the Commission’s customers [...]

Learn More