Residents could see rise in trash collection bill, electric rates to rise
Published 7:53 am Wednesday, September 6, 2017
Oxford residents could soon see a rise in their trash collection bill and will soon see a rise in their electric bills.
On Tuesday, Environmental Services Superintendent Amberlyn Liles told the aldermen trash collection rates have not increased for more than 10 years and presented a proposed rate change ordinance asking for a $3 increase, taking the current flat rate of $18 per residence to $21.
The proposed increase would bring in an additional $182,839 in revenue.
Increases for Dumpster collection are also proposed to go up. Currently the rate for trash collection from an 8-yard Dumpster once a week is $87 a month. In the proposed rate change, it would $100 a month.
Liles said Environmental Services is now offering trash collection services for 2-yard Dumpsters at $45 a month for a once-a-week pickup.
Other Dumpster sizes offered are 4, 6, and 10-yards.
Recycling Dumpsters are also going up from $30 a month for once-a-week pick up for 8-yard Dumpsters and from $107 a month for 10-yard Dumpster to $123 for once-a-week pickup.
The proposed rate increases are available to view online on the city’s website, oxfordms.com.
A public hearing will be held on the proposed increases at 5 p.m., Sept. 19 at City Hall.
Power rates rise
Also on Tuesday, Oxford Electric Superintendent Rob Neely told the aldermen that the Tennessee Valley Authority approved a 1.5 increase recently as part of its $10 billion budget that was approved last month by the TVA Board of Directors.
The rate increase for fiscal 2018 marks the third year in which TVA is raising its base retail rates less than the rate of inflation and will leave rates below where they were five years ago due to a drop in TVA’s average fuel costs since 2013.
TVA’s new rates will still be 2 percent lower than they were in 2013, Neely said.
The increase, which will generate an extra $195 million of additional revenue, will cost the typical residential customer in Oxford and additional $1.50 per 1,000-kilowatt hours used.
Since the rate increase comes from TVA and not the Board of Aldermen, the aldermen did not need to vote or take action on the increase.