Members of the Dover City Council will vote on a new series of electric rates during their budget hearings beginning May 29.
The rates are based on an electric rate study conducted in response to the competitiveness of the city’s rates for its commercial and industrial customers, said city Public Affairs Coordinator Kay Sass.
During the study, the total cost of providing electric services and the allocation of costs to the various customer service classes and other factors were determined, said Sass.
The new rates will take effect in three phases between now and July 2022 if approved.
Discounts provided to city customers through a Power Purchase Agreement will gradually be phased out over a three-year period. Electric customers can expect to see an overall increase of about 5 percent.
The proposed rates were reviewed during council committee meetings March 27. A copy of the PowerPoint presentation made to council and a final report is available at bit.ly/2L5rNvC.
The budget hearings are scheduled for 6 p.m. daily May 29-31 in the council chambers at Dover City Hall, 15 Loockerman Plaza.