|
Getting your Trinity Audio player ready...
|
Zone 7’s Board of Directors approved Oct. 15 the rate increase for wholesale treated water, with a 3% increase for 2015 and again in 2016 to keep pace with inflation.
The increase will cost the average household $1.21 per month, assuming it is fully passed on by Pleasanton water retailers — as well as Livermore, Dublin and Dougherty Valley.
The 2016 increase would add $1.25 monthly.
Zone 7 plans to cover loss of revenues (losses projected at 30% in 2014 and another 14% in 2015) related to drought conservation, increased operating costs and increased costs of new capital projects required by changing regulations and aging infrastructure, by relying on reserves previously saved by the agency.
The board also increased the water rate for untreated water customers, primarily agriculture, to $130 per acre-foot. The rate is a pass-through of the cost of imported water, supplemental water purchases, Bay-Delta related costs and an administrative fee, said Zone 7 officials.
