IURC News Release

Indiana Utility Regulatory Commission††† ††††††††††††††††††††††† ††††††††††††††††††††††† ††

302 West Washington Street, Room 306††††††††††††††††† ††††††††††††††††††††††† †††††††††††††††††††††††

Indianapolis Indiana46204 ††††††††††††††††††††††† ††††††††††††††††††††††† †††††††††††††††††††††††

317.232.2297 office

317.233.1982 fax

 

www.state.in.us/iurc

 

Contact:Mary Beth Fisher

For Immediate Release †††††††† ††††††††††††††††††††††† ††††††††††††††††††††††† ††††††††††††††††††††††† ††

October 31, 2001

 

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IURC APPROVES RATE INCREASE FOR CUSTOMERS OF SOUTH LAWRENCE UTILITIES

 

 

 

 

Today the Indiana Utility Regulatory Commission approved a settlement agreement between the Indiana Office of the Utility Consumer Counselor and South Lawrence Utilities that will result in a two-phase rate increase.

 

In Cause No. 41989, the Commissioners approved the increases, which will allow South Lawrence Utilities to provide better service to its customers.††† In Phase I the increase is just over 44%. Customers who use 5,000 gallons per month will pay $39.20, thatís up $12.05 from the current rate.In Phase II, rates will increase just over 18%.Customers will pay another $7.23, which means their bills will go up to $46.43.

 

Money raised from the increases will be used to pay for improvements to the system, which includes a new booster station, new-elevated storage tanks and the installation of new mains.††

 

 

The Commissioners also have required that the company keep them apprised of its progress in a written report due on or before April 1, 2002.

 

 

 

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