Newtown News of Interest
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February 25, 12:17 PM
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PUC Approves Reduced Rate Increase for #NewtownPA Artesian Water Company

PUC Approves Reduced Rate Increase for #NewtownPA Artesian Water Company | Newtown News of Interest | Scoop.it

The Pennsylvania Public Utility Commission (PUC) has approved a joint settlement that reduces the rate increase requested by the Newtown Artesian Water Company by nearly 19%, while enabling critical infrastructure upgrades for customers in Bucks County.

 

The unanimous 5-0 vote adopted the Joint Petition for Complete Settlement, which was recommended by PUC Administrative Law Judge Eranda Vero and supported by Newtown Artesian, the PUC’s Bureau of Investigation and Enforcement (I&E), the Pennsylvania Office of Consumer Advocate (OCA), and the Office of Small Business Advocate (OSBA).

 

Under the terms of the settlement, Newtown Artesian will raise its annual operating revenues by approximately $750,000, an 11.5% increase. This is significantly lower than the company’s original request for a $922,418 revenue increase, which represented a 14.1% hike.

 

The new rates, which scale back customer charges and usage rates across all rate classes, are set to go into effect on April 18, 2025. This rollout will coincide with Newtown Artesian’s ongoing shift from quarterly to monthly billing for all customers.

 

Newtown Artesian plans to press ahead with key infrastructure improvements, including the construction of a new treatment plant designed to address “forever chemicals” in the water supply.

 

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Related Content:

  • "#NewtownPA Artesian Water Company’s Proposed 14% Rate Increase My Be “Unlawful, Unjust, and Unreasonable!”"; https://sco.lt/6JEf56 
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Newtown News of Interest
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