Epcor will be before the utility committee one week from today applying to set the cost of the water rates for another five years. The regulated rates would run from 2017-2021 if approved.
The next step is a public hearing at City Hall on Friday Oct 14.
The public hearing to justify five years worth of rate increases that start monthly in January worth just over two and a half bucks, and by the end of year five, you’ll be paying $6.71 a month more. They’ll cover water, waste water, and distribution.
The increases that need to be approved by city council are for inflation, and facility upgrades. Council did some preliminary work on the regulated rates in July.
You can click here, and go to council’s utility committee to see the specifics on Epcor’s application