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Saturday, October 1, 2011

IProvo Decision


After a public hearing on September 20, the Provo Municipal Council voted on a method for charging all electric utility customers for the bond payments associated with the city's fiber optic network, also known as iProvo. The method selected is a combination of flat rates and percentages. All residential customers will be charged a flat rate of $5.35 per meter. Commercial customers will be charged a flat rate of $10 and an additional 2.3% of the electric portion of their utility bills. The charge will appear as a separate line item on utility bills labeled "Telecom Debt Charge" and will begin November 1. For more information, residents may visit www.provo.org or call 801-852-6000.

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