WREA electric rates to remain stable for 2021

White River Electric is pleased to announce that electric rates will remain stable in 2022 with no rate increase. WREA approved a rate decrease in 2018 for residential members and a decrease in 2019 for large industrial members followed by three years of rate stability. It is no surprise that the decline in the oil and gas industry around the region has negatively impacted WREA revenues. WREA has endured over a 20% reduction in electric…