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Rhode Island Energy is proposing lower electricity prices for the upcoming winter season compared to last year’s rates.

The utility company said the new rate, covering October 1 to March 31, would be 14.77 cents per kilowatt-hour, about 9% lower than last winter.

Anchorage utility executives say that a mild winter translated into lower electricity sales — and a hole in their budget.

Rhode Island Energy is set to raise electric rates this winter because of climbing wholesale prices, but is taking steps to ease the bill impact.