RP&L announces a 6% rate reduction for all customers.
February 4, 2010
The customers of Richmond Power & Light will see approximately a 6% decrease in rates for the beginning of 2010. This comes after a rather turbulent 2008 and 2009. Some factors contributing to the ease in rates are; the overall demand for electricity has been steadily falling, RP&L is purchasing less coal, and the wholesale price for the electricity that RP&L has to pay has fallen as well. This is good news for all of the customers of Richmond Power & Light for the beginning of 2010. Continue reading this post…