IURC News Release

Indiana Utility Regulatory Commission                                                                              

302 West Washington Street, Room 306                                                                                 

Indianapolis Indiana  46204                                                                                                       

317.232.2297 office

317.233.1982 fax

www.state.in.us/iurc

 

Contact:  Mary Beth Fisher

 

For Immediate Release                                                                                            

February 21, 2001

 

COMMISSION APPROVES RATE INCREASE FOR CITY OF EAST CHICAGO WATERWORKS

 

The Indiana Utility Regulatory Commission today approved a new rate schedule for the City of East Chicago Department of Waterworks.

 

In Cause No. 41771, the company is allowed to adjust and increase its rates for water utility service to provide sufficient income to allow the City of East Chicago Department Waterworks to meet growing water needs and to continue to provide safe, adequate and reliable water utility service to the public.

 

The rate adjustment means the typical residential customer who uses 5000 gallons of water each month will see their bill go from $6.56 to $9.30.  The increase is expected to produce $1,264,016 of additional revenue annually.

 

The new rates will take effect after they are filed with the Water Division of this Commission, and will cancel all previously approved schedules of rates and charges.

 

The 41.78% increase is the result of a settlement agreement between the City of East Chicago and the Office of Utility Consumer Counselor. 

 

The utility provides potable water service to approximately 7,600 residential and commercial customers, 177 industrial customers and two governmental customers.

 

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