Board sending Evansville water rate hike for approval

The decision goes to the Indiana Utility Regulatory Commission

Board votes to approve Evansville water rate hike

EVANSVILLE, Ind. (WFIE) - Evansville Water and Sewer Utility Board held a second public meeting about a proposed water rate hike Tuesday.

The increase would fund a nearly $178 million new water treatment plant.

Officials said over the next five years, they’re proposing an increase to monthly water rates with the highest monthly rate increase no higher than $3.03.

That’s down from $3.47, which had been proposed.

The board heard from residents against the hike, some saying they should find other ways to fund the new plant.

The board voted to approve a resolution to file a petition and “Case in Chief” with the Indiana Utility Regulatory Commission.  If the IURC approves the board’s petition, the city could move ahead with a general water rate increase and issue bonds to get the funding to pay for the new water treatment plant.

After several hearings, a decision could come by early 2022.

Copyright 2021 WFIE. All rights reserved.