Alexandria objects to water rate increase

Alexandria, Virginia, is objecting to a proposed water rate increase. In a statement Tuesday, the city government said it had objected to Virginia ...

September 13, 2022
9:58 PM

Alexandria, Virginia, is objecting to a proposed water rate increase. In a statement Tuesday, the city government said it had objected to Virginia American Water's proposal to the State Corporation Commission to raise rates. The city said the proposal would cause the average residential bill to go up by about $117 a year – about 40%. 'The City's primary objections are that the company's proposed return on equity, or profit margin, should be lower; the rate of bill increases should be gradual and representative of national averages; and costs of serving customers should be appropriately and fairly allocated among residential, commercial and industrial customers,' the city said.

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