PSC Suggests Water Rate Cut Instead of Increase
Save Email Print
Bookmark and Share
Posted: 11:04 AM Dec 2, 2008
PSC Suggests Water Rate Cut Instead of Increase
West Virginia-American Water has designs on a hike of more than 12%, but the state Public Service Commission had a different idea.
Reporter: The Associated Press
Email Address: news@wsaz.com
width:100 and height: 75 and picwidth: 100 and pciheight: 75
Font Size:

CHARLESTON, W.Va. (AP) - The state Public Service Commission's
staff and Consumer Advocate Division say West Virginia-American
Water's rate should be cut instead of raised.

The company is seeking a 12.37 percent rate hike that would
increase residential customers' monthly water bill by an average of
$5.39.

West Virginia American Water says the requested increase would
raise an additional $14.76 million in annual revenue.

PSC staff recommend reducing the company's annual revenue by
about $4.9 million. The Consumer Advocate Division proposes cutting
annual revenue by $3.1 million.

West Virginia-American Water President Wayne Morgan said Tuesday
that such cuts would hurt the company's ability to maintain
adequate service and discourage investment in infrastructure and
expansion.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


Latest Comments

Posted by: Mushroom on Dec 3, 2008 at 12:46 AM

Send "American" water Back to "Germany" where it belongs......WV alreadys pays the highest water rates in the nation
Posted by: billy on Dec 2, 2008 at 05:07 PM

water company didnt grease the right pockets
Posted by: Sharon on Dec 2, 2008 at 03:06 PM

You can't get blood out of a turnip
$310,000,000
Live Feed Now on the Always On Channel

Local Events

Loading…
Events by eviesays.com
Click here to send us your pictures and video pix@wsaz.com
CNN.com News Headlines
WSAZ.com Sponsor Sections & Links
SOMC-Very good things are happening here SOMC
Very good things are happening here. Click here to learn more
Click here for closing and delays
Click here for school closings and delays
West Virginia Lottery nightly @ 6:59pm on WSAZ click here for numbers and drawings
Watch the Lottery Live Monday - Saturday @ 6:59pm on WSAZ NewsChannel 3. Need to check your numbers? Click here.
Ohio Lottery
Watch the Ohio Lottery Drawings weeknights @ 7:29pm and Cash Explosion Saturday @ 7:30pm on WSAZ NewsChannel 3.
WSAZ Children's Charitable Foundation
Click here to donate and help WSAZ help children at risk in our region. Thank you.
Making Moms LIfe Easier - with Diane Dimoff
Click here to see how our partners are making Moms and women's lives easier.