Lafayette Municipal Water
The approved agreement will increase annual water revenues by $3.47 million and allow the City to issue up to $19.8 million in long-term debt. The two-phase increase will eventually raise a residential water bill for 5,000 gallons from $12.13 to $18.03, including fire protection charges.
Only the City's water rates were at issue in this case. State law does not give the IURC jurisdiction over municipal sewer utilities.
The case file for Cause Number 45006, including settlement testimony filed by the OUCC and the City, is available on the IURC website.
An IURC public field hearing was held in Lafayette on February 7, 2018. The OUCC issued a January 22, 2018 news release to announce the hearing and invite public comments.