City applies credit to stabilize power costs

COVINGTON -- The Covington City Council is once again working to keep costs down for electric customers.

The council recently agreed to use a portion of a $1.12 million credit from the Municipal Electric Authority of Georgia to help stabilize power costs. The credit will be paid to the city at a rate of $93,445 per month throughout 2012. The council agreed to apply half of the total credit -- more than $560,000 -- to stabilize and potentially reduce utility bills. The other half was designated for the New Generation Fund to apply to future energy-related costs, such as the city's investment in the new Plant Vogtle, scheduled to come online in 2017.

City Manager Steve Horton recommended the entire amount be applied to the New Generation Fund, saying that "We don't know what power costs are going to be then," adding that "the unknown scares me more than the known." But Horton said, "I know people are hurting today, so y'all have to make that decision."

Mayor Kim Carter added that, "We have done our part to stabilize rates over the past year and we've all acknowledged that's not a sustainable model. At some point we are going to need to plan for the future."

Horton said the city has applied more than $4 million in funds to stabilize power rates.

Councilwoman Janet Goodman recommended that the credit be evenly split to help with both current and future costs.

"I know people are hurting now, but they're going to be hurting then too so I thought that was a pretty good compromise," she said. Her motion was unanimously approved.

In other news, the council has changed its meeting schedule in December. The council typically meets the first and third Mondays of the month for a 5:30 p.m. work session followed by a regular meeting at 6:30 p.m at City Hall. For December, meetings will take place on Monday, Dec. 5 and Tuesday, Dec. 13.


Silverbullet 2 years, 9 months ago

Boy is that a joke. Goodman and Carter, and now the rest of the 'block voting council' have voted to revisit the rail purchase. Carter says there is seven million dollars available for the purchase and development of a walking trail. They must really be in touch with the pulse of the constituency! Why not use that money in addition to help relieve the burden of the utility bills on the people in Covington who are suffering hardships instead of continuing to even waste time on another round of walking trail discussions? Cant pay your utility bill, losing your home, no problem, we are going to have a walking trail! Whatley, the swing vote, now that he has been reelected, can change his vote and go with the local power players and let this nightmare continue. He probably was reelected partially on his position to stop this pork project. I guess the power brokers, the Fowlers, Barbara Morgan and the Carters got to him. You also have to realize his wife worked for the Fowlers at the bank for at least 20 years or more. Connect the dots, let the people of the City of Covington continue to suffer while a few dozen people get their walking trail. Who cares about the poor people anyway? They can just take a walk on the trails to keep them and their families warm in the winter.


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