Your quarterly water bill is increasing 38 percent under new rates recently set by state regulators.
At a Whitefish Bay Village Board meeting Monday night, Village Manager Patrick DeGrave said the village's water utility has been operating at a deficit, so it went through a rate case with the Public Service Commission to apply for a rate increase. The PSC set the rate at a 38 percent increase, effective July 1.
"When I took this job a little over a year ago, we were bleeding red. We still are," he said. "The sooner we can get this rate increase in place the sooner we can start to catch up."
The rate increase accounts for a 13 percent increase in gross plant investment, a nine percent increase in operating expenses and an estimated 13 percent increase in water sales volumes as compared to the last water rate case completed in 2010.