Provo took the Reason Foundation to task on its assertion that iProvo is a financial sinkhole, showing that their report was ill-founded and premature. Not only does the city defend loans from the electric fund to make bond payments, but it also shows that the demand for the kind of service that iProvo provides is robust, scoring an average of 60 new subscribers every week with a market penetration of 25% of the available customers.
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