West Virginia water provider proposes 5% surcharge to cover infrastructure projects
CHARLESTON, W.Va. (AP) — West Virginia American Water wants a nearly 5% rate increase for customers.
The utility asked state regulators last week to approve a the surcharge for infrastructure improvements, the Charleston Gazette-Mail reported.
West Virginia American said in its application that the proposed rate hike is based on planned capital projects and post-acquisition investment in troubled systems in 2023 totaling $48.7 million. The increased rates will allow the utility to recoup $10.9 million, the company said.
The proposed surcharge would be $2.88 monthly for average residential use, $12.59 for average commercial use and $337.47 for average industrial use, according to the filing.
The company requested that new rates to go into effect on Jan. 1.
Related News
From Archive
- DeLa Express seeks FERC approval for Permian-to-Louisiana gas pipeline project
- Hudson Tunnel Project set to generate 95,000 jobs during construction phase, report says
- Charleston Water System settles huge lawsuit over sewer system damage caused by non-flushable wipes
- Boring machine 'Chessie' resumes drilling at Chesapeake Bay Bridge-Tunnel site after anchor incident
- Aegion continues western expansion with acquisition of underground utilities company Toncco
- Ditch Witch 1030
- 24th Annual Directional Drilling Survey
- Michigan lawmakers introduce bills to create septic codes throughout the state
- House passes Rep. Duarte's legislation to streamline water permitting processes in the Valley
- Court approves 3M settlement over ‘forever chemicals’ in public drinking water systems
Comments