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~ The American Rescue Plan Act (ARPA) Electric Credit Program in Mesa has officially come to a close, providing much-needed relief for residents and businesses in the city. The program, which was approved by the Mesa City Council in 2021, allocated $20 million in federal ARPA funds to help mitigate the impact of rising regional electric supply costs on the city's utility services.
According to Mayor John Giles, the program was a success and greatly benefited those who receive their electricity from the city. "The ARPA Electric Credit Program offered tremendous relief on utility bills for Mesa residents," he stated. He also expressed gratitude towards city employees for their efforts in ensuring the program's success.
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The credit rate for the program was calculated monthly to ensure that the city's supply costs were fully recovered while remaining competitive with surrounding utilities. This resulted in nearly 25,000 residential customers and 3,300 commercial customers receiving benefits from the program.
On average, residential users received a total of $416 in credits while commercial customers received $2,977. The first credits were issued on November 27th, 2021 and the last were issued on October 27th, 2023 as projected. With the market now stabilized, residents and businesses can expect more stable and affordable electric bills moving forward.
According to Mayor John Giles, the program was a success and greatly benefited those who receive their electricity from the city. "The ARPA Electric Credit Program offered tremendous relief on utility bills for Mesa residents," he stated. He also expressed gratitude towards city employees for their efforts in ensuring the program's success.
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The credit rate for the program was calculated monthly to ensure that the city's supply costs were fully recovered while remaining competitive with surrounding utilities. This resulted in nearly 25,000 residential customers and 3,300 commercial customers receiving benefits from the program.
On average, residential users received a total of $416 in credits while commercial customers received $2,977. The first credits were issued on November 27th, 2021 and the last were issued on October 27th, 2023 as projected. With the market now stabilized, residents and businesses can expect more stable and affordable electric bills moving forward.
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