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The Light Board unanimously approved a pilot G5 vehicle-to-grid rate for an electric school bus, including a $90 monthly meter charge and a 6.5-cent-per-kilowatt-hour energy credit.
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The pilot rate sets how the utility will charge for electricity used by the bus and compensate it for sending electricity back to the grid. The rate is intended to reflect the market value of the energy and capacity provided and is not a permanent final rate. The Board also entered an executive session to discuss confidential power supply contracts, with no public outcome recorded in the minutes.
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