Summary |
General rate case that would generate $1,738,796 (21.8 percent) additional annual revenue. The filing is prompted by the company not receiving the revenue expected from the last rate increase, increased operating costs, and additional capital investment. The company also proposes a methodology that would track revenue and expenses, and automatically adjust rates in the future if the company receives more or less revenue than its revenue requirement target. The company serves about 15,820 residential customers on 197 water systems located in eight counties. The proposed effective date is November 10, 2011. The company's last general rate increase was effective on July 30, 2009. |