Deal Reduces Water Rate Hike: ; Water Company Now Asking for Only 15 Percent Increase

Summary


A tentative settlement has been reached that would raise water rates for 166,000 customers in West Virginia by 15 percent rather than the 24.9 percent originally sought by West Virginia-American Water Co.

The water company's original rate hike request was the largest request in the company's history. It would raise $24 million a year. It would increase the average residential bill by $8.51 a month, to $42.65.

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Deal Reduces Water Rate Hike: ; Water Company Now Asking for Only 15 Percent Increase

The tentative settlement would raise rates $14.8 million a year. That would raise the average residential bill by about $5 a month.

When it f...

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