This artifact, created by the Philadelphia Water Department, is an explanation for the general public regarding PWD's settlement for the proposed rate increase (2021).
Along with lowering the proposed rate increase, the Public Advocate also propose a series of agreements related to the Tiered Assistance Program (TAP) and other customer assistance and support activities, in the following subject areas: recertification; Outreach/Participation; Language Access; Shut-Offs; COVID-19 Protections; Flexible Payment Agreements; and Tenant Issues. In the rate hearing process, it was determined that PWD would utilize pandemic-related Federal Stimulus Funding to offset the costs of water, wastewater and stormwater rates. However, it remains unclear how much assistance, if any, the Department may receive. To account for the potential funding, the Settlement states that of the $47 million proposed for FY2023 additional revenues, $34 million is subject to downward adjustment if PWD directly receives Federal Stimulus Funding and/or exceeds the threshold balance for its reserve funds in FY2021.
Philadelphia Water Department, "Proposed Settlement Reached to Determine FY2022 and FY2023 Water, Wastewater, and Stormwater Rates", contributed by Morgan Sarao, The Energy Rights Project, Platform for Experimental Collaborative Ethnography, last modified 12 May 2021, accessed 30 December 2024. https://energyrights.info/content/proposed-settlement-reached-determine-fy2022-and-fy2023-water-wastewater-and-stormwater
Critical Commentary
This artifact, created by the Philadelphia Water Department, is an explanation for the general public regarding PWD's settlement for the proposed rate increase (2021).
Along with lowering the proposed rate increase, the Public Advocate also propose a series of agreements related to the Tiered Assistance Program (TAP) and other customer assistance and support activities, in the following subject areas: recertification; Outreach/Participation; Language Access; Shut-Offs; COVID-19 Protections; Flexible Payment Agreements; and Tenant Issues. In the rate hearing process, it was determined that PWD would utilize pandemic-related Federal Stimulus Funding to offset the costs of water, wastewater and stormwater rates. However, it remains unclear how much assistance, if any, the Department may receive. To account for the potential funding, the Settlement states that of the $47 million proposed for FY2023 additional revenues, $34 million is subject to downward adjustment if PWD directly receives Federal Stimulus Funding and/or exceeds the threshold balance for its reserve funds in FY2021.