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San Angelo Water Bill: How Much Will It Increase?


San Angelo Water Bill: How Much Will It Increase?
 
SAN ANGELO, TX – One of the rumors spreading across social media is that an increase in the water bill is coming. City of San Angelo Water Utilities Director Allison Strube said there are no plans to increase rates. She also believes because water was unavailable, many city water customers will see lower bills this month.
As previously reported, on Feb. 18, the wholesale rate of electricity went through the roof causing thousands of people across the state of Texas to see a gigantic spike in their electricity bill. 
One man in Dallas, DeAndre Upshaw, claims that he was sent a $7,000 electricity bill. The company charging him is named Griddy, a privately owned company. Griddy sells electricity on an rate indexed to the wholesale price of electricity. The wholesale rate jumped to $900 per kWh during last week s winter storm. ....

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Galesburg Council told water fund will be depleted by 2026 without adjustment


February 22, 2021
Galesburg Council members tonight will get a presentation on the water rate study that they authorized in the summer of 2020.NewGen Strategies and Solutions will tell Aldermen that current water revenue does not support annual cash needs into the future. Going the way we are- the water fund cash balance would be depleted by 2026. Charts from NewGen show that annual revenues are just above annual expenses before costs for capital and new debt are added. The presentation will feature a 10-year $28 million Capital Improvement Plan for water infrastructure, with $18 million spent in the first 5 years. The council’s aim in ordering the study was to develop a long-term financial plan that maintains the financial health of the City’s Water Enterprise Fund and updates the rates and fees charged to the City’s customers based on industry standards. Some guiding principles for the study included that the city’s water utility must be financially self-sustaini ....

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