Skip to content

Newark Delaware News

What's happening in Newark Delaware

Menu
  • Home
  • Map of Newark
  • About Newark, DE
  • Contact Us
  • Privacy Policy
Menu

Understanding Newark’s Utility Rate Increase

Posted on November 1, 2022

The City of Newark, a community electric utility operated by the Delaware Municipal Electric Corporation (DEMEC), is increasing the current Revenue Stabilization Adjustment (RSA) by $0.01367 per kilowatt-hour due to circumstances beyond its control (kWh).

This rise in electricity costs is mostly due to federal restrictions that compelled NRG energy’s Indian River Power Station in Dagsboro, Delaware, to continue running for transmission system reliability considerations after it filed to close.

The regulations will affect all electric users on the Delmarva peninsula and Cecil County for the next 4.5 years.

The pass-through raises electricity prices by 8% for the average Newark residential and small business account.

Commercial clients in Newark should expect a 9 to 11 percent rise, depending on demand, load factor, seasonality, and time of usage.

If you have any questions about utility bills or the anticipated rate adjustment, please contact the Payments and Utility Billing Division at 302.366.7000 or send an email to paymentsandutilitybilling@newark.de.us

Tweet
Tweet
Share on Tumblr
Bookmark this on Google Bookmarks

Leave a Reply Cancel reply

You must be logged in to post a comment.

Recent Posts

  • Police are looking for an armed carjacker who struck in Newark, Delaware
  • A fire on Thanksgiving morning displaces 20 people.
  • Parking penalties and charges in Newark are skyrocketing. How much it will cost you.
  • Delaware has issued a warning about loose potbellied pigs, which may cause property damage and transmit disease.
  • Understanding Newark’s Utility Rate Increase
  • Newark Fall Leaf Collection Services

Newark Delaware
February 1, 2023, 6:15 pm
 

NW
Clear
33°F
4 mph
real feel: 33°F
humidity: 44%
wind speed: 4 mph NW
sunrise: 7:11 am
sunset: 5:22 pm
© 2023 AccuWeather, Inc.
Forecast February 1, 2023
day
 

Partly sunny
36°F
wind speed: 7 mph NW
wind gusts: 13 mph
night
 

Partly cloudy
24°F
wind speed: 4 mph WNW
wind gusts: 9 mph
 
Tweets by @CityofNewarkDE
©2023 Newark Delaware News | Design: Newspaperly WordPress Theme