Driven by rising fees to carry cable sports networks, the Frankfort Electric and Water Plant Board likely will raise cable rates again this year.
A public hearing to discuss the proposed fee increases is set for 4:40 p.m. May 20 at the Second Street office . The board on Tuesday met to discuss a string of new fees which will take effect July 1, 2003, if approved.
Basic cable rates are set to increase by $1, the same amount they've increased over the past few years with the exception of 2002 when rates went up by $1.25, said John Higginbotham, director of media services for the plant board. Basic cable rates are proposed to increase from $25.45 to $26.45 during the next budget year.
Bulk customers' rates will go from $3.50 to $3.65 and from $8.80 to $9.15.
Higginbotham said the cable rate hikes - expected to continue at the same pace for years to come - are largely the result of rising sport network license fees. He said the fee ESPN charges the plant board is expected to jump 20 percent this year, the same increase the local utility has seen from the sports channel for four years.
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