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News Breaks
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January 10, 2012
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| 13:16 EDT |  | MSEX |
| theflyonthewall.com: | Middlesex Water requests 17.47% general increase in water rates | | Middlesex Water Company disclosed that it filed a request with the New Jersey Board of Public Utilities for a general increase in water rates for its Middlesex system in New Jersey. The company is requesting an increase of approximately 17.47% or, $11.3M over current revenues, to support its ongoing capital program and to cover costs of increases in chemicals, fuel, electricity, taxes, labor, benefits and other operating and maintenance expenses. If the increase were granted in its entirety as requested, a typical residential customer using 19,500 gallons of water per quarter would see their bill increase by $22.75 per quarter, or 25c per day, the company said. :theflyonthewall.com |
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