New take on old utility payment aimed at rate transparency

Hastings Utilities customers will see more transparency with their bills beginning in October. Members of the Hastings City Council are going through the process of adopting a dividend payment paid by Hastings Utilities to the City of Hastings. The amount of the dividend will be set by the council. This is not a new transaction. The previous payment in lieu of taxes will be removed from rates. The dividend will also be broken out within customers’ bills to give a more accurate look at fees for services. We’ll provide more details about the change to a dividend in the October newsletter.

Published Date: 09/ 2/2025

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