Indiana Utility Regulatory Commission
302 West Washington Street, Room 306
Indianapolis Indiana 46204
Contact: Mary Beth Fisher
Today the Indiana Utility Regulatory Commission approved a request by the City of Lafayette to increase its rates and charges for water service.
In Cause No. 41845, the Commissioners approved an across the board increase of 23-percent. This means that a customer who uses 5,000 gallons of water a month and pays $8.80 will see their bill rise to $10.82. The increase is necessary to pay for capital improvements to the city’s water system.
The amount of the increase is the result of a settlement agreement with the City of Lafayette and the Office of the Utility Consumer Counselor. Under the agreement, the city will perform a hydraulic study to confirm that a new tower is the best option before it constructs the planned new storage tower on CR 460 South. It will also submit a capital improvements reconciliation. If improvements cost less than expected, the city agrees to use the money toward the completion of other projects to benefit ratepayers.
The City of Lafayette provides water to approximately 23,000 customers in and around the City of Lafayette in Tippecanoe County, Indiana.