COLUMBUS, OHIO (March 22, 2017) – Today the Public Utilities Commission of Ohio (PUCO) adopted an agreement authorizing Aqua Ohio to increase its rates for water service.
On May 31, 2016, Aqua Ohio filed an application to increase its rates for water service by $5.6 million annually. On Jan. 26, 2017, Aqua Ohio and PUCO staff reached a settlement reducing the increase to $4.2 million. The Ohio Consumers’ Council and the city of Marion agreed not to oppose the settlement.
The approved settlement authorizes Aqua Ohio to increase water distribution rates by $4.2 million annually and sets a 7.47 percent rate of return on its investments. Aqua Ohio will also establish a bill-assistance pilot program for its low-income customers.
The average residential customer will see total bill increases ranging from $1.53 to $4.32 per month, depending on the customer’s service territory.
Local public hearings were held in Ashtabula, Columbus and Marion in early 2017. Eleven witnesses provided testimony at the hearings.
The Public Utilities Commission of Ohio (PUCO) is the sole agency charged with regulating public utility service. The role of the PUCO is to assure all residential, business and industrial consumers have access to adequate, safe and reliable utility services at fair prices while facilitating an environment that provides competitive choices. Consumers with utility-related questions or concerns can call the PUCO Call Center at (800) 686-PUCO (7826) and speak with a representative.
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