IBJNews

Indiana OKs 26-percent Indianapolis water increase

Back to TopCommentsE-mailPrintBookmark and Share

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.”

ADVERTISEMENT

  • 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.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Angela IS the best RD

  2. We are a nation of speed. All of our younger lives are filled with deadlines, quotas and bottom lines. We start to ease out of the pressured rat-race when we finally see "retirement." The most enjoyable travel on the planet is passenger rail service. Indy to Chicago does not beat Megabus or Southwest Airlines in speed. Passenger rail however has the best seating, mammoth legroon, seat backs that recline to more than 45 degrees and employers that really want you to return as a customer. Indiana municipalities need to maintain subsidies to support this transportation mode. Losing it is loss for all of us.

  3. Good day! I just want to testify how i got my loan from Mr. Eric Lefkofsky after i applied several times from various loan lenders who claimed to also testify right in this forum,i thought the testimonies where real and i applied but they never gave me loan. I was in need of an urgent loan to start a business and i applied from various loan lenders who promised to help but they never gave me the loan. Until a friend of mine introduce me to this popular Mr. Eric Lefkofsky who promised to help me and indeed he did as he promised without any form of delay. I never thought there are still reliable loan lenders until i met Mr. Eric lefkofsky who indeed helped me with the loan and changed my belief. I promised to share this testimony after I got my loan. I don't know if you are in any way in need of a genuine and urgent loan,free feel to contact Mr. Eric Lefkofsky via their email{grouponfunding@hotmail.com}

  4. Its a THUG issue. Bleecker Street and NYX are thug bars. They attract thugs of all races. Places that attract thugs need to be kicked out of Broad Ripple. Ain't nobody got time for that!

  5. Hello everyone, My name is Marian Gareth, I am from the Texas, United State, am here to testify of how i got my loan from Mr Andre Frank {frankloancompany@yahoo.com} after i applied Two times from various loan lenders who claimed to be lenders right in this forum,i thought their lending where real and i applied but they never gave me loan. I was in need of an urgent loan to start a business and i applied from various loan lenders who promised to help but they never gave me the loan.Until a friend of mine introduce me to Mr Andre Frank the C.E.O of Andre Frank Loan Company who promised to help me with a loan of my desire and he really did as he promised without any form of delay, I never thought there are still reliable loan lenders until i met Mr Andre Frank, who really help me with my loan and changed my lief for better. I don't know if you are in need of an urgent loan, free feel to contact Mr Andre Frank on his email{ Frankloancompany@yahoo.com} for help

ADVERTISEMENT