Our City of Naperville: Read reviews and ask questions - Handshake Statements

Our City of Naperville: Read reviews and ask questions - Handshake Statements

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Naperville citizens could see an increase to their water and electricity expenses. The proposition presented by city staff Wednesday comes on the heels of a pair of rate studies the city had carried out. Water Rate Increase, Residential water users could see yearly boosts of 4. 7% from 2022-2024. According to Darrell Blenniss, the city's director of public utilities-water, "When you compare your current water bill and what it will be under the new rate boosts, we still keep a really competitive position.



And even with the rate increases, we stay in third location."Electric Rate Boost, A prospective rate increase is likewise in order for electricity users. The proposition requires a yearly rate increase of 1% in both 2023 and 2024. According to Brian Groth, the city's director of public utilitieselectricity, "With our 0% boost next year, this is what we expect their expense to be.


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1 just had a rate boost and now they are nearly 10% higher than what our customers pay."Financing For Infrastructure Improvements, The rate increases would permit the city to set aside moneying to spend for infrastructure work. Team member in the water department of the city's utilities department are looking to expand the annual water pipe replacement program by an additional 3 miles each year.


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In doing so, the city will need to add a new set capital charge to customer's regular monthly water costs. The included earnings is projected to generate $800,000 in the first year, officials stated. City Financing Director Rachel Mayer stated the fixed charge will assist support the rate increases with time.


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0 project, which deploys new interface units efficient in sending remote, wireless monthly meter readings.  This Article Is More In-Depth  are anticipated to take location through the year's end. According to Mayer, "This will enable us not to have to approximate costs on an every other month basis, which then removes that change in between months, that makes clients frustrated, which is understanding.