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Indiana OKs 26-percent Indianapolis water increase

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Regulators have approved a 26-percent rate increase for customers of the Indianapolis water system, the Indiana Utility Regulatory Commission announced Wednesday.

The rate is less than the 33.4-percent increase the city's waterworks department requested. In a press release, the IURC said the utility's average customer will pay about $6 more per month.

The increase is on top of a 10.8 percent emergency rate increase that the IURC approved in mid-2009.

Indianapolis officials say they need the new money for about $111 million in infrastructure projects and upgrades, and to provide more financial stability.

“More than 75 percent of this increase is attributable to capital expenditures, specifically investments that will assure the integrity of the system and the quality of the water now and for future generations,” said IURC Commissioner Larry Landis in a written statement.

Landis said one out of every four dollars being spent on the capital projects are needed for the city to comply with "environmental mandates handed down by the federal government.”

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  • Tapped out
    When are the citizens of Indiana going to wake up and revolt against this madness? They were already approved for an increase and now our water will have incresaed by more than a third?!?

    Duke went up as well as did Vectren. When are we going to realize then average person is one utility bill away for a shelter?
  • They Got All They Wanted
    We get hosed! The numbers story indicates that of the most recent increase, 75% is for capital expenditures and 25% of that is for Federal mandates. I want to know what the 10.8% emergency increase was for, and what the remaining 25% of the latest 26% increase is for. In addition, I hasten to remind IBJ readers that 26% on top of 10.8% is not 36.8%. It is 39.61%. This appears to be another very cozy relationship between regulators and the regulated. The IBJ and that other big newspaper in town need to do some very thorough investigative reporting.

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  1. Why should I a home owner pay for this"car sharing" ????

  2. By the way, the right to work law is intended to prevent forced union membership, not as a way to keep workers in bondage as you make it sound, Italiano. If union leadership would spend all of their funding on the workers, who they are supposed to be representing, instead of trying to buy political favor and living lavish lifestyles as a result of the forced membership, this law would never had been necessary.

  3. Unions once served a noble purpose before greed and apathy took over. Now most unions are just as bad or even worse than the ills they sought to correct. I don't believe I have seen a positive comment posted by you. If you don't like the way things are done here, why do you live here? It would seem a more liberal environment like New York or California would suit you better?

  4. just to clear it up... Straight No Chaser is an a capella group that formed at IU. They've toured nationally typically doing a capella arangements of everything from Old Songbook Standards to current hits on the radio.

  5. This surprises you? Mayor Marine pulled the same crap whenhe levered the assets of the water co up by half a billion $$$ then he created his GRAFTER PROGRAM called REBUILDINDY. That program did not do anything for the Ratepayors Water Infrastructure Assets except encumber them and FORCE invitable higher water and sewer rates on Ratepayors to cover debt coverage on the dough he stole FROM THE PUBLIC TRUST. The guy is morally bankrupt to the average taxpayer and Ratepayor.

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