Rates to increase at CP&L

Carbon Power and Light (CP&L) finished its Cost of Service (COS) Study, which showed the need for an overall increase in rates of 5.21 percent.

General manager of Carbon Power and Light Chuck Larsen in a press release said about 3.61 percent of the rate increase will be allocated accordingly to each of Carbon Power and Light’s rate classes.

“Each of Carbon’s rate classes will experience a different percentage of increase based on that rate classes’ respective impact on Carbon’s operational revenue requirements determined in the COS,” Larsen said.

According to the press release,...