Wednesday, March 19, 2008

IMPORTANT INFO ON WATER RATE INCREASES IMPORTANT INFO ON WATER RATE INCREASES

To read the document the water company submitted to the NYS Public Service Commission as justification for the rate increase in Cambridge, click on this link to PSC: Aqua-NY, select Pending, Case Number Search, then enter 08-W-0107, hit submit.

This is the information the PSC will review in order to determine whether to allow the increase. The documents provide the financial background which Aqua-NY feels illustrates their serial losses in Cambridge (due to capital investment) which they want to recover.

The PSC is the state regulatory agency for the water company in this case. Their mission: "... to ensure safe, secure, and reliable access to electric, gas, steam, telecommunications, and water services for New York State’s residential and business consumers, at just and reasonable rates. The Department seeks to stimulate innovation, strategic infrastructure investment, consumer awareness, competitive markets where feasible, and the use of resources in an efficient and environmentally sound manner."

Questions should be sent directly to Chris either by phone or email:

Chris Callahan, Trustee
Village of Cambridge, NY
Phone: 518-677-3953
Email: Chris Callahan

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