The City of Stanley has heard from Ruekert-Mielke regarding a water rate study for Public Service Commission (PSC) water rate increases in Stanley.
Recommended for step 1 water rate increases as measured per thousand gallons are $9.45 for residential, $9.85 for multifamily, $8.40 for commercial, $7.40 for industrial, $8.94 for public authority, and $7.40 for ACE Ethanol.
Step II water increases will bring these numbers to $13.29 per thousand gallons for residential, $14.02 per thousand gallons for multifamily, $11.90 per thousand gallons for commercial, $10.22 per thousand gallons for industrial, $13.35 per thousand gallons for public authority, and $10.22 per thousand gallons for ACE Ethanol.
The rates represent an average increase of of 100.6 percent once Step II is completed, averaged across all five categories. The figure is inclined slightly by ACE Ethanol, proposed to increase by 110 percent with Step II increases. Public Fire would rise by 109 percent.
The rates as proposed still await a public hearing and potential objections raised.
ACE inked an agreement to use city water in its Gen-X plant several years ago but has since drilled its own well to be less reliant on city water. Rates as proposed are calculated on the need for an additional $878,224 in Step I water revenue and $2,029,107 for Step 2 revenue.
“The relatively large increases reflect the 8 years since the water rates were adjusted through a conventional PSC water rate review,” Ruekert-Mielke stated in its report to the city.
No public hearing date has been set.