Milford electric rates to rise 2.4% in June

Ken MammarellaGovernment, Headlines

Starting in June, electric bills for the average residential and small business accounts in Milford are going up 2.4%, the city has announced. Commercial accounts in Milford can expect an increase ranging from about 2.3 to 3.0%, depending on demand, load factor, seasonality and time of use. “The power cost increase is entirely due to market-driven capacity cost increases that …