On January 14, 2021, new water and wastewater rates approved by the Pennsylvania PUC went into effect. The new rates result from a long process with state regulators and community stakeholders and balance the needs of our most vulnerable customers and the improvements we need for our water and sewer systems.
The rate increase resulted in an additional $14,150,000 in water revenue and an additional $4,850,000 in wastewater revenue. The additional funding goes towards improving our drinking water treatment and distribution system, rebuilding aging sewer lines, and designing innovative stormwater mitigation projects.
This rate settlement is a thoughtful compromise between investing in our aging infrastructure and addressing affordability concerns for our lower-income customers. As a publicly owned and managed water and sewer authority, we reinvest every dollar we receive from ratepayers back into our infrastructure so we can provide high-quality and reliable water and wastewater services.