This has a lot to do with fuel prices; water doesn’t flow freely.
If you enjoy the content at iBankCoin, please follow us on TwitterThe company is asking to hike rates $19 per quarter, or $6.33 per month, for an average residential customer using 22,500 gallons of water per quarter in St. Louis County, and about $8.20 per month for an average residential customer using 7,000 gallons of water monthly in St. Charles County.
The Missouri PSC approved a $28 million rate increase for Missouri American Water last June.
The company said its rate filing Thursday also included a request for a consolidated rate structure, under which all customers in the same rate class pay the same rate for the same service.