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Water Rate and Bond Debt Fee Increase

Water bills for 2nd Quarter 2015 increase due to Water Rate increase & Bond Debt Fee increase

Due to the recently implemented increase in water rates, and the increase in the Bond Debt Fee (Fixed charge on the quarterly bill), customers are paying more for metered water usage.  The increase in water rates as voted by the Board of Water Commissioners at their meeting on February 23, 2015, is being seen for the first time on the July water bills for usage in the second quarter of 2015. A bill stuffer announcing this change was mailed to all customers in the April quarterly water bill.  We’d not implemented a rate increase since 2010, but had installed the Bond Debt Fee to fulfill our long-term debt obligation.  Currently, this fee is comprised of the following: The annual debt for the North Acton Water Treatment Plant (Commissioned in 2009), a $7-million project, is $472,500, infrastructure improvements on Hayward Road & Stow Street and the purchase of Assabet Sand & Gravel (16 Knox Trail) to settle a trespass dispute and enhance source protection is $269,375 annually, and the construction of the South Acton Water Treatment Plant (Commissioned in May 2015), a $13.5-million project, is $852,500 annually.  This fee will rise and fall as our debt obligation rises and falls.

 

An interesting YouTube video was recently published by Alliance for Water Efficiency, helping to explain the costs of delivering a consistent, reliable flow of safe and affordable drinking water to your faucet.