Denver Water is proposing an average 7.5 percent residential rate increase for 2009 to raise $18.5 million to cover rising system costs.
Under the proposal, which the Board of Water Commissioners is slated to vote on Sept. 24, the average Denver residential customer would see bills increase $19.14 a year to $273.
Denver Water’s suburban residential customers would see an increase of $33.12 a year to $482, on average. Rate increases for commercial, industrial and government customers also are being proposed.
This would mark eight consecutive years with rate hikes, according to John Wright, the utility’s manager of rate administration. The funds will be used for projects such as dredging the Strontia Springs Reservoir and replacing aging parts of the utility’s delivery system. Mark Jaffe, The Denver Post
