W.Va. PSC considers proposed $8M water rate hike
CHARLESTON, W.Va. (AP) — The state Public Service Commission is considering a proposed $8 million rate increase for West Virginia American Water.
The 7 percent increase is part of an agreement presented to the PSC on Tuesday by the company, the PSC’s staff and its Consumer Advocate Division.
If approved, the average monthly residential water bill would increase from $39.11 to $41.88.
The agreement also includes a 14 percent sewer rate increase for Fayetteville residents. Their monthly sewer bill would rise from $35.78 to $40.92.
The company says it wouldn’t seek additional rate hikes before Jan. 1, 2015.
West Virginia American Water had sought a water rate hike of more than 20 percent.
Company president Jeff McIntyre says in a news release that the settlement is fair and reasonable.
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