With Waukesha coming as a customer, utility pursuing changes to its authorized return rate.
By
Jeramey Jannene - Jul 16th, 2021 05:58 pm
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Running Tap Water. Photo by Steve Johnson (Public Domain).
The Milwaukee Water Works (MWW) is pursuing broad adjustments to its water prices. And the changes will impact far more than just Milwaukee residents and businesses, because the City-owned utility sells water to 15 suburbs.
“This is a very comprehensive process, digging deep into our finances, making sure we are in fact recovering our cost of service from our ratepayers,” said Superintendent
Water isn’t sold at a flat rate, nor is the price set at will. The state-regulated utility is allowed to provide a rate of return to its owner, the City of Milwaukee, after selling water to a variety of retail and wholesale customers. It’s scheduled to transfer $13.46 million to the city’s general fund this year.