Akron announces increase to water rates starting next year
· 11.11.2023 · 01:36:26 ··· ··· Saturday ·· 6 (6)
WKYC Channel 3 The city of Akron has announced a “restructuring” of its water rates is coming in 2024 – and that means your bill will be going up.
“Akron is increasing the water rate from $2.73 per HCF to $3.06 per HCF, which is a $0.33 raise,” city officials explained.
Residential customers will also have a fixed infrastructure charge of $9, while other customers with larger meters will see higher prices as listed in the chart below.
“For most Akron residents, this means the overall utility bill will increase $10-$12 per month,” according to a press release. “That increase will be from the $9 infrastructure fee and the rate increase based on average use.”
City officials say 50 percent of residential customers use 3 HCF or less per month, while 95 percent use 10 HCF or less.
“For example, a family of four using 6 HCF of water per month would see a total increase of $10.98 on their overall bill,” city officials explain.
Here’s a closer look at the math when adding in the infrastructure fee:
-$0.33 rate increase x 6HCF = $1.98
-$1.98 + $9 infrastructure fee = Total increase of $10.98
READ MORE: https://www.wkyc.com/article/news/local/akron/akron-water-rates-increasing-2024-changes-bill-going-up-infrastructure-fee/95-3cae82fc-f461-4a07-9cc7-a77d6f7dc67f
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