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PUD skips rate increase in 2020 budget

Commission approves no rate increase, more fiber, stronger financial outlook

EPHRATA — Grant PUD commissioners Tuesday unanimously approved a $291 million budget for 2020 with no electric-rate increase for any customer group except the approximately 25 cryptocurrency mining operations classified as “evolving industries,” the utility said in a press release Tuesday.

A solid revenue outlook through 2024 and years of careful budgeting and planning have Grant PUD well-position...

 

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