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Perkasie to absorb electricity rate increase: Consumers won't see borough's 5% price hike
Perkasie is part of a 15-borough bargaining group with PPL including Quakertown, Hatfield, Lansdale and a number of others in PPL's service area. According to Perkasie Borough Manager John Cornelius, the group started negotiating together about eight years ago and is PPL's largest wholesale buyer. Click Here For Full Story -
Perkasie plans to raise rate for electric
Since the borough has to accept a five percent increase in the cost of wholesale electricity from PPL Corp. next February, council will most likely pass the increase along to the borough's electric users, though the residents' price will still be competitive when compared to other electric providers. Click For Full Story -
Perkasie raises electric rates, holds down taxes
The electric rate increase would constitute another $4 a month for an average borough customer, who uses 900-kilowatt hours of electricity each month. The average customer currently pays about $78 a month but Cornelius stressed that monthly bills can fluctuate greatly from this average depending on factors such as gas heat and amount of air conditioner use. Click Here For Full Story -
Perkasie electric rates to increase
Borough council voted Monday night to approve a new five-year contract making DTE Energy Trading Inc., a Michigan supplier, its power supplier. Click For Full Story -
Perkasie Borough to cut electric rate incresase
The previous council approved the budget and a 5 percent electric rate hike in December, the result of signing a five-year deal with DTE Energy Trading Inc., a Michigan power supplier, which forced borough council to find a way to compensate for about $700,000 in bulk power costs. <a href='http://www.montgomerynews.com/articles/2004/01/14/news-herald%20news/10805053.txt' >Click Here For Full Story <a> -
Perkasie considers tax hike, electric rate increase
The borough put approximately $1.6 million into the general and capital improvements funds from money raised from the electric company IN 2004. In 2006, officials expect....Click Here For Full Story -
Perkasie OKs tax hike, electric rate increase
The 10 percent electric increase is not the result of rising electric costs since the borough is locked into a five-year contract for the purchase of electric. Instead, it will allow the borough to increase monies put into the general fund from the electric revenue. Click Here For Full Story -
Perkasie could see up to 70 percent electric rate hike in 2009
In an effort to help curb what could be a significant hike in electric rates in 2009, Perkasie Borough Council reopened the budget at a special meeting held Jan. 12. Click Here For Full Story -
Perkasie Borough looks into electric costs in the future
Facing what could be an annual increase in wholesale electric costs of $2.7 million, Perkasie Borough Council continued to debate Monday evening how to help offset that cost before passing it on the residents in 2009. Click Here For Full Story -
Perkasie nears deal for new electric consultant
Perkasie Borough Council has tentatively agreed to move forward in hiring a new electric consultant to negotiate the borough's upcoming contract at a cost of $12,750. Click Here For Full Story -
Perkasie Borough could save on electric company operations
Borough Manager Dan Olpere is encouraging borough council to consider joining the Pennsylvania Municipal Power Agency, a new organization designed to help its member municipalities that own electric systems with savings on purchase of wholesale electric and exploring options for other savings such as alternative energy sources. Click Here For Full Story -
Perkasie signs contract for wholesale electric
Perkasie Borough Council signed a contract Monday night that will hike the borough's wholesale electric rate purchase by 66 to 68 percent on average over the next five years. It is not yet known, however, how that hike will affect retail costs for the residents and ratepayers of the borough's electric company. Click Here For Full Story -
Perkasie electric rates may climb 59 percent
In August, the borough signed a deal with low bidder AMP-Ohio to provide electric to the borough at a wholesale cost of $94.26 per megawatt-hour, which is an 81.4 percent hike in wholesale rates for the borough over its current contract, said Borough Manager Dan Olpere. Click Here For Full Story -
Perkasie works to cut electric rate increase
Perkasie Borough Council President Marty Gahman said that while the cuts are not yet set it stone, the first round of major budget cuts, if approved, could bring the total electric rate hike for borough residents and businesses down from 59 percent to as low as 49 or 48 percent. Click Here For Full Story -
Perkasie businesses hold meeting about electric hike
"I think the consensus of the group was that they feel the borough needs to phase in the electric rates, not just raise them," Tom Skiffington, chair of the government affairs committee for the Pennridge Chamber of Commerce and a local Realtor, said as to what businesses were requesting. "They encouraged them to utilize some of their reserves to do that if they have to." Click Here For Full Story -
Perkasie to consider phasing in electric rate hike
Perkasie Borough Council agreed Monday evening to wait at least another week to decide the final amount of its electric rate increase and when it will be implemented in order to receive more information from borough staff. Click Here For Full Story -
Perkasie may lighten load on electric hike
Borough council was 4-3 in favor of using $500,000 from the borough's reserves to help offset the electric rate increase, which would bring the planned increase to 41 percent for 2009. This would be an increase of approximately $37 per month for a resident using the borough's residential monthly average of 820 kilowatt-hours. -
Perkasie approves 42 percent electric hike for December bill
The borough originally considered a rate hike as high as 59 percent to accommodate its new electric contract, negotiated with AMP-Ohio earlier in the season. -
Perkasie Council votes to give businesses possible break on electric
Perkasie Borough Council voted 6-1 at its Jan. 19 meeting in favor of sending information to all of the borough's businesses on the Pennsylvania Jersey Maryland Interconnect (PJM) Reliability Pricing Model (RPM) program. Click Here For Full Story -
Perkasie oks plan to bid future electric
Council voted 6-3 at its Feb. 16 meeting in favor of having the borough's electric consultant, Jim Havrilla of Utility Engineers, prepare bids to price wholesale electric for 2014 and 2015, the two years after the borough's current contract expires. Click Here For Full Story -
Perkasie plans to save money by going green at its stop lights and at the electric company
The trend of “going green” could be evident at every intersection in Perkasie Borough in the coming months. In an ongoing effort to look at cost-saving measures, Perkasie Borough Council looked at a proposal to change all of the borough’s traffic lights to LED bulbs – which could provide a savings of $8,000 annually. Click Here For Full Story -
State regulation could take control away from Perkasie Electric
Due to concerns over rising electric rates in other municipalities, a bill has been introduced that could bring state regulation to municipalities like Perkasie that operate their own electric companies. Click Here For Full Story -
Perkasie signs up for two more years of electric
In a 6-2 vote at the Monday, June 15 meeting, Perkasie Borough Council approved a two-year contract extension through 2015 with AMP-Ohio with a rate of $87.99 per MegaWatt hour in 2014 and $87.92 in 2015, according to Borough Manager Dan Olpere. Click Here For Full Story -
Cool summer could hurt Perkasie electric revenues
Perkasie Borough is on target to stay within its budget for the year, but the cool summer has resulted in a dip in its electric revenue. Click Here For Full Story -
Perkasie Borough businesses need electric help
At the request of business owners in town, Perkasie Borough Council’s public utility committee plans to consider ideas to help small businesses with rising electric costs at its March 1 meeting. Click Here For Full Story -
Perkasie looks at electric rate options to help businesses
Businesses and residents alike have become acutely aware of their electric use and costs after the borough raised electric rates 59 percent over the past two years after it negotiated a new contract for wholesale electric purchase in mid-2008. Click Here For Full Story -
Perkasie residents question borough electricity plan
“When energy was at its peak [cost], why would we go and lock in for five years?” asked Justin Stottlar, an Eighth Street resident, questioning council’s decision regarding the timing of signing a new contract in 2008. Click Here For Full Story -
Perkasie looks at energy savings
Perkasie Borough continues to look at energy savings this month, considering both an energy audit and the option of installing solar panels in the borough. Click Here For Full Story