The Denver Water Board of Commissioners today approved an average 7.5 percent residential rate increase for 2009 to raise $18.5 million to cover rising system costs.
The average Denver residential customer will 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 will rise.
This marks 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: 303-954-1912 or MJaffe@denverpost.com
