The enclosed redline changes to the Code of the City of Milford, Part II – General Legislation, Appendix B – Electric Rules and Regulations Including the Electric Tariff are being voted on on Monday, April 24, 2023 in connection with professional recommendations arising out of the City’s FY23 engagement with Utility Financial Solutions, LLC (UFS) to perform an electric rate study covering FY24-FY26. The results of the study are also enclosed. UFS also performed the most recent cost of service study and rate update for the electric fund as well as rate studies for the City’s water, sewer and solid waste funds. The Firm’s Vice President, Dawn Lund, will join City Council virtually on April 24, 2023 to present UFS findings, recommend the enclosed rate action, and respond to questions and inquiries related to the engagement.
Public comment is welcomed.
Memo
Rate Study