New York City will increase water rates by 12.9 percent beginning in July – an average of $8 more per month for homeowners – in order cover debt service and operational expenses.
According to the Staten Island Advance, Department of Environmental Protection (DEP) Commissioner Cas Holloway stated that the increase is less than the 14.3 percent hike that was previously anticipated.
“This is the fifth year in a row with double-digit increases, with no end in sight,” said City Councilman James Otto, a frequent critic of the New York City Water Board.
So too, New Jersey American Water Co. is asking state utility regulators for consent to increase the average water bill by 13.6 percent – about $7.10 more per month – according to a report by the Press of Atlantic City.
The utility company, which currently serves 2.5 million people across the Garden State, says it wants to raise more capital to replace older infrastructure and provide dependable service.
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If NJ raises their rates one more time I will sue them with a class action lawsuit. Our water rates are unbearable, mines 250.00 a month