The Philadelphia Water Department (PWD) filed a request for a rate change in January 2021 seeking additional revenue to meet expenses in Fiscal Years 2022 and 2023. In early May 2021, PWD and the Public Advocate reached a potential settlement, which would increase residential water rates by 10.2% as opposed to 17.5%. While this change will not eliminate the need for a rate increase, it will help reduce the scale of the needed increase at this time, if approved by the Philadelphia Water, Sewer and Storm Water Rate Board (Rate Board). This artifact is a bullentin posted by PWD on May 5th, 2021, notifying the public of this settlement. It calls for public comments regarding the settlement to be submitted by May 11th, 2021.
Philadelphia Water Department, "Settlement Proposed in 2021 [PWD] Rate Change Request", contributed by Morgan Sarao, The Energy Rights Project, Platform for Experimental Collaborative Ethnography, last modified 13 May 2021, accessed 23 November 2024. https://energyrights.info/content/settlement-proposed-2021-pwd-rate-change-request
Critical Commentary
The Philadelphia Water Department (PWD) filed a request for a rate change in January 2021 seeking additional revenue to meet expenses in Fiscal Years 2022 and 2023. In early May 2021, PWD and the Public Advocate reached a potential settlement, which would increase residential water rates by 10.2% as opposed to 17.5%. While this change will not eliminate the need for a rate increase, it will help reduce the scale of the needed increase at this time, if approved by the Philadelphia Water, Sewer and Storm Water Rate Board (Rate Board). This artifact is a bullentin posted by PWD on May 5th, 2021, notifying the public of this settlement. It calls for public comments regarding the settlement to be submitted by May 11th, 2021.