Milford Mayor Announces $1.2 million in Savings

Continuing to seek ways to drive down the cost of city government operations, Mayor Benjamin Blake announced that after monitoring the unusually favorable trends in the energy market, he has renegotiated the City's electricity contract.

The new agreement, which goes into effect in July, will save the city an anticipated $1,243,000 over the life of the contract. These savings are based on a reduced cost per kilowatt hour from 9.845 cents to 8.315 cents, with anticipated usage of approximately 1,250,000 kwh per month.

"I am pleased that we were able to deliver significant savings for the city," Blake said. "By reducing kilowatt per hour cost while at the same time making efforts to drive down usage we are not only doing what is right for the taxpayers of Milford but also what is right for our environment."

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