GRU Authority takes first look at FY2026 budget, plans to hold electric rates flat

BY JENNIFER CABRERA

Budget presentation

In her presentation, Rates and Budget Manager Karen Fiore said GRU’s revenue growth is only about 0.5% per year because consumers have been “conserving our natural resources, which translates to lower usage.” She said the area’s “minimal population growth” and more efficient appliances are also contributing to the slow growth rate…

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