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Groton Utilities announced a rate adjustment effective April 1, with the average residential household expected to pay about $24 more per month at 700 kilowatt-hours of usage. The increase follows power costs exceeding forecasts by $2.6 million in January and February.
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Groton Utilities reported that unusually high winter power costs and lower rooftop-solar generation are driving higher customer rates. The utility also expects wholesale power costs to rise 11% in fiscal year 2027. The committee took no formal action on the rate update, while advancing several other proposals to future Mayor and Council meetings.
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