Fayetteville PWC expected to lose millions from unpaid bills
Fayetteville’s utility company is taking a severe financial hit from the coronavirus pandemic, but its CEO said Wednesday that it is on solid financial footing to weather the storm.The Fayetteville Public Works Commission’s costs associated with the coronavirus pandemic, including a steep drop in the number of people paying their utility bills in recent weeks, is projected to result in about $15 million in lost revenues through June, staff told the commission Wednesday. […]
