The Cost of Water for the Iowa QC
February 03, 2014
The cost of water may soon go up again for residents of the Iowa Quad Cities and Clinton. Tuesday the Iowa Utilities Board is scheduled to hold what it calls a "public decision meeting" on the rate hike requested by the Iowa-American Water Company.
Last April, the company asked permission to raise rates by 19.4 per cent, then implemented an 8.4 per cent interim increase in May. The interim hike amounts to about $2.65 per month, and the full request, if granted, would mean the average customer would have to pay an additional $6.13 per month.
To justify its request, Iowa-American points to the $26 million it's spent during the past two years upgrading its water systems in the Iowa Quad Cities and Clinton, including the new floodwall around the River Drive Water Treatment Plant in Davenport. And its costs are rising for chemicals, utilities, and other items.
Just last year, the company was allowed to raise its rates by 8 per cent.