Salem Residents Will See Lower Gas Rates
"A rate that is more in line with generated revenues that we need to operate with just a little bit of margin. In the past few year's we've been able to build up reserves that we need" Gruen said.
But Gruen feels the reserves are now adequate. The new gas rates for the first time provide for a sliding scale, where the largest users pay less. Gruen says that will help the city be more competitive when seeking to locate industries that utilize a large amount of gas.
Councilman Dave Black commended the city manger for doing a good job in development the new rates which he called 'very fair and equitable'. The new rates will retroactively go into effect December first.
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