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TELL CITY - The Tell City Common Council agreed Monday to postpone consideration of an electric-rate increase and could vote next month to phase-in higher rates the superintendent of the Tell City Electric Department said are needed to cover expenses and fund future projects.
The council introduced rate increases in December and scheduled a public hearing for Monday. The new schedule of rates would boost residential electric costs by an average of 8.6 percent while customers across all rate classes would pay an average of 12.9 percent more for power.
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