Missouri — Missouri American Water Company has requested a rate increase from the Missouri Public Service Commission, which might result in increased water bills for Missourians in the near future. This week’s announcement of a planned rate increase may have an effect on both sewer and water services.
The corporation is asking for a $166 million raise, which is a significant 34 percent rise. Almost 500,000 people receive water services from Missouri American Water Company, while an additional 24,000 use its sewage services.
Important Information:
- Proposed rate hike: $166 million
- Increase in percentage: 34%
- Customers Affected: 24,000 sewer users and approximately 500,000 water users
Potential Impact:
Residents may have to pay more for their water and sewer services if the rate increase is allowed, which will have a major financial impact on households. Missouri American Water Company cites the need for infrastructure upgrades and growing operating expenses as reasons for the rise.