Thursday, May 12, 2011

EBMUD May Raise Rates for Walnut Creek Homes

The general manager of the East Bay Municipal Utility District made it official.

On Tuesday, General Manager Alexander Coate recommended to the water agency's board of directors that they approve a 12 percent rate hike over the next two years.

The increase would come in two stages -- 6 percent in fiscal year 2012 and 6 percent in fiscal year 2013.

The board will hold a public hearing on the proposal at its June 14 meeting. They'll vote on the rate hike plan at that same meeting. The new rates would take effect July 1.

If approved, the rate hike would increase the monthly water bill for a typical EBMUD household using 270 gallons a day from $38.66 to $43.45 over the next two years.

EBMUD officials said the hike is necessary because of the rising cost of gasoline and other materials used in their water delivery system. They also said customers have used less water the past three years, decreasing the district's water sale revenue by 15 percent.

Posted on Walnut Creek Real Estate-Walnut Creek Homes For Sale

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