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  Av 8, 5771 , 08/08/11

Electricity Rates Set to Rise by 9.89%

The Electric Authority officially authorized an increase of 8.96% in the price of electricity for residential households. Rates will rise even higher for businesses. Overall, power costs will be increasing by 9.89%.

The increase will come into effect this coming Sunday, the Electricity Authority said.

Other archived news briefs:Aug 08 2011, 07:45 PM, 8/8/2011