The Wind Point Water Utility filed a simplified rate case application with the Public Service Commission (PSC) for a 3% increase to water rates. The increase was approved by the PSC on November 7. The new rates will take effect on December 15, 2016 and will be reflected in the first quarter water bills mailed out around March 15, 2017. To view the approved water rates, click here.
The average residential customer with a 5/8″ meter that consumes 1,500 cubic feet of water in a quarter would see an increase from $68.24 to $70.33 per quarter. A large residential customer with a 3/4″ meter that consumes 2,400 cubic feet of water in a quarter would see an increase from $100.46 to $103.54 per quarter. The rate increase is necessary to help the utility keep up with the costs of maintenance and regular testing.
The simplified rate case is considered an inflationary type increase that helps utilities maintain rate continuity so that customers benefit from smaller, more frequent rate increases