Hillsboro electric customers will likely see their household electric bills go up 8.4% — an average of $15.33 a month — for the next 24 to 30 months. The increase, motivated by the same factors that could increase bills in Marion, too, will be decided at a city council meeting April 6. City administrator Matt Stiles told city councilmen Tuesday that the rate increase would be necessary to offset a dramatic spike in energy prices during February’s subzero temperatures and a resulting surcharge imposed by the city’s electricity provider.
Source: HILLSBORO Star-Journal
