PHOENIX — Salt River Project electric customers can expect higher power bills beginning in November.
Its executive board approved a 4.7% increase during its meeting Monday.
That equates to an average of $5.58 increase in monthly bills according to the utility.
A second increase of the same amount was also approved which would begin in November 2023.
The utility said the hikes are a result of rising natural gas costs that the utility is allowed to recover through its Fuel and Purchased Power…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
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