The City of Milford, a community electric utility powered by the Delaware Municipal Electric Corporation (DEMEC), will be increasing the current Power Cost Adjustment (PCA) by $0.00804 per kilowatt-hour (kWh) for a total of $0.012 beginning in October. Customers will see this increase on their November City of Milford utility bills. This power cost increase is primarily due to regulations …
DEMEC warns of possible electric rate hikes
At a recent workshop, Kimberly Schlichting, CEO of the Delaware Municipal Electric Corporation (DEMEC), warned of a possible rate increase due to changes at the Indian River Power Plant. Schlichting began her presentation by apologizing for bringing bad news. “I wish I was bringing better news, but if anything, misery loves company,” Schlichting said. “We’re not alone in what I’m …