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The Board unanimously approved changes to Residential Rate Assistance for the upcoming Time-of-Day rate structure: removing the service charge and discounting Peak, Off-Peak, and Super Off-Peak prices while targeting total program spending at its current level.
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Residents receiving rate assistance will have the subsidy adapted to the new Time-of-Day pricing system, which is scheduled to begin in April. The approved changes are intended to preserve the program’s overall spending level while accounting for the new rate structure.
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