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The OUCC and the Michigan City municipal water utility have reached a settlement agreement in the utility's pending rate case (IURC Cause No. 44538).
The agreement, if approved, would grant the city its first water rate increase since 2004. A monthly residential bill for 700 cubic feet of water would rise from $21.56 to $27.91, including fire protection charges. The agreement would also allow the city to issue up to $8.64 million in long term debt. The changes will cover the costs of proposed capital improvements, along with increases in operating and maintenance costs.
Any agreement before the IURC may be approved, rejected, or modified. The case's evidentiary hearing has been rescheduled to March 16, 2015 at the PNC Center in Indianapolis (101 W. Washington St., Room 222), at 1:30 p.m. Eastern Time.
The utility's case-in-chief includes:
The OUCC filed testimony on January 21, 2015:
The OUCC issued an October 23, 2014 news release to invite consumer comments.
To review the rate case's file, visit the IURC's Electronic Document System and enter docket number 44538.
The utility's current base rates were approved in 2004.
This page will be updated based on case developments.
Municipal sewer/wastewater rates and charges are exempt from IURC oversight, with jurisdiction at the local government level.