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WaterOne Adopts 2017 Rates, Budget
As a part of the budget process, the Board set water rates that will go into effect on January 1, 2017.
The planned water rate adjustment is 1.9% based on a cost of service analysis. This represents an impact of $0.80/month for the typical residential customer.
The main cost drivers that make an increase in 2017 necessary are investments in infrastructure replacement, labor expenses, and a gradual decline in indoor water use.
The 2017 rate is consistent with WaterOne’s approach to avoid rate volatility by creating incremental rate adjustments. Stable, predictable rates are preferred by customers and promote the growth of the local economy. WaterOne is not tax-supported. As a non-profit public utility rates and fees are used to cover the cost of daily operations and infrastructure. On average 50% of every rate dollar goes to daily operations and 50% goes to infrastructure investments.
WaterOne remains one of the lowest rates and best values for the dollar. For one dollar a customer can consume an entire year’s worth of recommended daily water intake (eight 8 oz. glasses/day).
WaterOne is an independent, non-profit water utility, proudly serving 400,000+ customers in the Johnson County area.