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The board approved a 6% increase to the CEO’s base compensation, retroactive to January 1, 2026; one municipal representative abstained. CMEEC reported March member power costs of $115 per MWh, 6% above budget but 32% below the regional benchmark.
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CMEEC approved a retroactive salary increase for its CEO. The cooperative also reported that March power costs were higher than its budget projection but substantially below the regional benchmark. The meeting noted that Norwich Public Utilities plans to implement rate adjustments effective June 1.
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