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The Light Board unanimously approved four electricity rates and riders ahead of residential time-of-day rates planned to take effect in April, including assistance, electric vehicle charging, and NYPA power credit rates.
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The approved rates are intended to support the upcoming transition to residential time-of-day electricity pricing. The changes include a residential assistance time-of-day rate, an opt-out rider, a separate electric vehicle charging meter rate, and a NYPA power credit rate. The board also reported that an underground conductor failure near Main and Walden Streets caused a recent outage and was likely related to aging infrastructure.
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