MIAMI, Okla. – Residents of Miami, OK are noticing extra charges on their utility bills.
The Grand River Dam Authority (GRDA) is imposing new rates and charges on the City of Miami’s utilities. Power Cost Adjustment (PCAx) is the new charge on residents’ utility bills.
The City of Miami owes the GRDA $2.7 million dollars. GRDA raised its prices for natural gas by over 200% due to the winter storms of 2021. The city of Miami has to pay the 2.7 million debt by October.
Earlier this year, the Miami Tribe of Oklahoma offered an advance payment of $1.7 million to the city of Miami and received utility credit for 21 tribal facilities and properties until its repaid.
Miami commercial and residential utilities customers will pay the PCAx monthly charge. This wil happen until the Tribe recovers the credit of $1.7 million.
For more information about the PCAx charge: PCAxRates-PRESS RELEASE