Power bills will be going up in Okotoks in the New Year after town council voted to increase the franchise fee charged to FortisAlberta for electrical distribution in the community.
The fee is added to power bills for all residents and businesses in Okotoks, based on how much electricity is used. Town council voted last week to increase the franchise fee it charges to the company by 1.5 percentage points up to eight percent for 2013. Under provincial legislation, municipalities can set the fee as high as 20 per cent of FortisAlberta’s revenues from the community.
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