In my Sept. 27, 2005 Outtakes I computed it could be done for $6.75.
Residential rates could be increased by $6.75 per month to raise the last $365,000 needed to cover the note payment. The $6.75 increase is less than what the average lunch costs. It’s less than a movie ticket. It averages out to be less than a quarter per day.
Here read the whole column: Outtakes
It’s funny how little the bottom-line numbers have change even with the construction cost increases and the government grants.
If only ECUA would have listened to me……