United Water Agrees to Rate Hike Deal

According to the Public Service Commission, United Water New York decided on Monday to go with a two-year deal which will allow them to raise rates by 19.6% the first year and 7.4% the second, meaning customers’ bills will go from $714 to $783 the first year and to $840 in the second. The company was originally asking for an increase of 28.9% or $21.3 million in revenue, though the PSC decided to allow the the minimum by state law, only 13.3% at most. Ramapo Town Supervisor Chris St.Lawrence is a vocal opponent of the United Water rate hike proposal and stated that he will be filing for a rehearing, since he is disappointed that there was any raise at all. The new rates take effect today as well as the company’s newly implemented monthly billing, which will go through a three-month transition. Currently customers are paying quarterly. The PSC also ordered United Water to solve spending problems to prevent future rate hikes.

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