OWENSBORO, KY (WFIE) - A few weeks after Owensboro Municipal Utilities announced it will no longer offer reduced electric rates to Owensboro Public and Owensboro Catholic Schools, they've decided to help the schools out in another way.
OMU is basically giving the schools a break by letting them ease into paying the full commercial rate for electricity.
At first, OMU planned on having the schools start paying in full in seven years, but they've agreed to move it to ten years.
Director of Owensboro Catholic Schools, Ken Rasp, says this will help them a lot.
He says it will give the schools more time to come up with ideas to pay for electricity.
"We're very conscious of the fact that we, our families choose us and when they make that choice, they choose a tuition on top of the taxes they're paying and the last thing we want to do is add another burden on them so we will be approaching as creatively as possible," says Rasp.
Rasp believes the district will be paying about $140,000 more on their bill in ten years. He's grateful though that they'll have some time to figure out how to pay that.