You’ll pay more for your water as the Iowa Utility Board approved a rate increase for the Iowa American Water Company. The increase covers the Clinton and Davenport service areas. (link to ruling included)
The I-U-B, after a 10 month review process, approved the about 10-percent increase which increases the company’s revenue by nearly four million dollars. The company sought the increase to pay for the 38-million dollars spent to update infrastructure in the water service system.
Iowa American Water’s rates are based on the costs of providing water service as reviewed and approved by the IUB.
Company President Randy Moore added that Iowa American Water has worked to control costs, reducing operating expenses by about 10 percent or $1.7 million since the last rate order.
The next step in the process will be for Iowa American Water to prepare and file a rate design for approval by the IUB that breaks down the allowed increase between the company’s various customer classifications. An effective date for the new rates will be established once the IUB approves the company’s rate design.
Iowa American Water last received a rate increase in 2014.
Link: IUB Ruling on Iowa American Water rate increase
From Iowa American Water: Customers needing assistance paying their water bills can contact Community Action of Eastern Iowa to apply for help from Iowa American Water’s Project H2O “Help to Others” program. Community Action of Eastern Iowa administers this program, and customers needing assistance are urged to contact their local office in either Clinton or Davenport.
Customers can contact American Water’s Call Service Center toll free at 1-866-641-2108 with additional questions.
