Showing posts with label rates. Show all posts
Showing posts with label rates. Show all posts

Thursday, October 6, 2011

Hearing on New Water Rates Set for Nov. 22, 2011

The Suisun-Solano Water Authority (SSWA) will consider adopting a new rate structure for all Suisun City users to provide more funding for current and future operations, repairs and replacements at 6 p.m. Tuesday, November 22, 2011, at City Hall.

Based on the Financial Plan and Water Rate Update Study, the proposed rates redistribute the cost of service between residential and non-residential customers to improve proportionality.

Increases in the past have ensured the water service is in good financial shape. Recognizing the tough economic conditions, a general rate increase was delayed for two and a half years. The SSWA Board spent considerable time and effort to keep the rates as low as possible, including budget reductions and use of one-time reserves.

In accordance with the Financial Plan, SSWA is considering two rate adjustments:
  • 4% effective January 2012
  • 4% effective January 2013
The proposed rate structure includes a new emergency rate schedule to be imposed in the event of a declared water shortage or drought. Rate surcharges, intended to address the financial impacts of a water shortage, would only apply as long as a water shortage or drought condition exists.

The proposed emergency surcharges, which are based on water usage, are
  • 8% during a Stage II drought
  • 20% during a Stage III drought
  • 40% during a Stage IV drought 
 >> For more information, including the meeting notice, rate study and proposed rate structure