Perkasie Borough faced some challenging circumstances as we worked towards a budget for 2025. The article on the cover of this newsletter describes how PJM installed capacity charges will impact electric users across 13 states and D.C. Perkasie Borough’s 2025 bill for installed capacity alone will increase from $284,913 to $1,010,655. Energy costs will also increase, and the Perkasie Borough Electric Company continues to maintain and invest in Perkasie’s electric infrastructure while maintaining their current levels of service, safety and reliability. The Borough’s Public Works Department is dealing with an increase in the disposal costs of both trash and recycling, while they too remain committed to maintaining and replacing outdated equipment and providing an excellent level of service to our residents.
Electric Rates:
These factors have led to an increase in fees for Electric and Trash as the Borough seeks to offset increased costs.
From the February billing cycle, all electric customers will see an increase in the customer charge, energy rates and a new PJM Installed Capacity pass-thru line item charge. Specifically, residential electric customers will note a $2 increase in the customer charge, a 2.0c per kilowatt hour installed capacity charge, and a 1.25c per kilowatt hour increase in the energy rate. Similar increases take effect for commercial electric accounts. An updated Electric Rate Schedule is available on our website at: https://perkasieborough.org/departments/electric-department/current-electric-rates/
Trash Rates:
All residents who use a Borough trash toter will see an increase in the quarterly toter fee of $5 per quarter, bringing the quarterly fee to $87.50/quarter, which is in line with, or lower than, private haulers in the region. From January 1st, residents who use the Pay-As-You-Go trash bag program will see an increase of $1 on all bag sizes, bringing bags to $4.75 (large) and $3.75 (small). The Pay-As-You-Go bag program remains very cost effective for smaller households, and those that consistently recycle, compost, donate, and otherwise divert items from the trash stream.
Perkasie Borough is keenly aware of the impact that some of these changes may have for residents. Resources are available at our website for customers including ways to save energy and lower bills, rebates for EnergyStar appliances, and for residents who may need help to pay their bill.