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Residents of Williamstown might cool down after city council approved a 5 percent cap on the city’s utility surcharge.
Surcharges on residents’ utility bills, which started showing up in 2009, happened when consumers actually used less power than the city contracted to purchase and the surplus was sold back on the open market.
If the city paid $60 per megawatt hour, but the same hour sold for $40 on the open market, the cost difference falls back to the utility customer.
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