The IURC has approved an agreement between Floyds Knobs Water Company, Inc. and the OUCC, setting new base rates and approving the utility's financing request.
Under the November 25, 2014 order, the utility will be allowed to increase rates by 28.7 percent while being authorized to borrow up to $4.7 million through the Indiana State Revolving Fund loan program.
An IURC public field hearing in this case was held on Tuesday, April 1, 2014 at Floyd Central High School. The OUCC issued a March 17, 2014 news release to publicize the hearing and invite consumer comments.
Documents filed in this case are available on the IURC Website by clicking here and entering docket number 44416.