Decreased utility rates in New Bern helping businesses grow

NEW BERN, N.C. (WNCT) – For third time since July, New Bern utility rates are set to drop. The savings are not only helping households, but also area businesses.

Tom Ballance, owner of Captain Ratty’s, said since the rate reduction, he has been able to save around $500 each month on utility bills. With the added savings, he will be saving around $6,084 this year. He said with more stable prices, it makes balancing a budget a lot easier.

“It allows us to plan and actually put utilities as a fixed cost instead of a cost that goes up and down,” he said.

For the average household, savings were around $36 each month. Add the new reduction, and the average customer will save around $452 each year.

The North Carolina Eastern Municipal Power Agency (NCEMPA) said rates won’t increase until April 2020. City leaders said that will help them market the area to businesses looking to expand because they will have more competitive rates to offer.


WNCT-TV 9 On Your Side provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s