IURC News Release

Indiana Utility Regulatory Commission                                                         

302 West Washington Street, Room 306                                                                        

Indianapolis Indiana 46204

317.232.2297 office                                                                   

317.233.1982 fax

www.state.in.gov/iurc

 

Contact:  Mary Beth Fisher

 

For Immediate Release                                                                                   

February 27, 2002

 

IURC APPROVES WATER RATE INCREASE FOR THE CITY OF SOUTH BEND

 

Today the Indiana Utility Regulatory Commission approved a rate increase requested by the city of South Bend.  The amount of the increase is the result of a settlement agreement between the City of South Bend and the Indiana Office of Utility Consumer Counselor.

 

In Cause No. 42077, the Commissioners agree that it is in the best interest of the utility’s customers to allow the rate increase.  The money raised will be used to pay for capital improvements to the city’s supply and distribution mains.

 

The tables below show the impact on customers.

 

CUSTOMER IMPACT (Inside City)

Current Rates

Approved 18.12% rate increase

Dollar increase

Typical residential bill with 5,000 gallons usage.

$8.31

$9.82

$1.51

Typical residential bill with 7,500 gallons usage.

$11.73

$13.90

$2.17

 

 

 

 

CUSTOMER IMPACT (Outside City- 20% Surcharge)

Current Rates

Approved 18.12% rate increase

Dollar increase

Typical residential bill with 5,000 gallons usage.

$9.98

$11.78

$1.81

Typical residential bill with 7,500 gallons usage.

$14.12

$16.67

$2.56

 

 

 

 

 

 

 

 

The South Bend Municipal Water Service serves about 41,000 retail customers in and around the city of South Bend.  The last rate increase was five years ago.

 

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