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United states: Columbus Water Works rate increases to continue through 2012.
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November 12, 2009
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COPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: deepak03
It s the Catch-22 of water consumption: Use more water, and your water bill goes up based on your usage. Use less water, and your water rate goes up, because the Columbus Water Works loses revenue when customers conserve, and needs rate increases to cover costs.
The water authority over the past five years has pulled $6.7 million from its reserves to cover expenses, and lost revenue because of state-mandated water restrictions during Georgia s drought.
It is operating on a five-year plan that calls for annual rate increases of 3.9 ...
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