The Virginia State Corporation Commission, SCC, issued an order today approving a settlement that adjusts rates for Virginia American Water following a November 2021 rate change request. The request was driven by approximately $137.6 million in completed or planned infrastructure improvements. These improvements include replacement of aging pipe, water treatment plant upgrades and system resiliency projects that will help Virginia American Water continue the provision of clean, safe and reliable service for customers throughout the state. The rate order approves an overall increase in rates of approximately $10.75 million as reflected in the settlement agreement. The new rates are for the company’s residential, commercial and industrial customers in the City of Alexandria, the City of Hopewell, a portion of Prince George County in the Hopewell District, a portion of Prince William County, and the Eastern District service area in and around Virginia’s Northern Neck.
Published first on TheFly
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