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Missouri law allowing more frequent water, sewer rate hikes 'bad for ratepayers': Consumers group


Missouri law allowing more frequent water, sewer rate hikes bad for ratepayers : Consumers group
John Haughey, The Center Square
© Provided by Washington Examiner
Proponents say a bill adopted by Missouri lawmakers and waiting Gov. Mike Parson’s signature will “save ratepayers money.” Opponents disagree, saying it s bad for ratepayers and jobs.
Under Senate Bill 44, the Missouri Water and Infrastructure Act, sponsored by Sen. Bill White, R-Joplin, utilities serving more than 8,000 water/sewer customers can request a slight increase every six months through a new water and sewer infrastructure rate (WSIRA) surcharge to maintain equipment and recover growing costs.
Current Missouri law requires an 11-month process for water and sewer utilities to submit proposed non-emergency rate hikes, a cycle that can take up to three years of evaluation and hearings before the state’s Public Service Commission (PSC) approves a rate adjustment. ....

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