Natasha Lovato / NewsBreak Denver
(Centennial, Colo.) Centennial Water, which provides water services to northern Douglas County, increased rates for 2023.
Centennial Water's annual budget was adopted at its December board of directors meeting. The budget document included increases to water and wastewater rates in 2023.
For billing periods beginning Jan. 1 and later, residential customers will see an increase of 6% on their annual bill. The impact of the new rates on a typical single-family’s yearly bill is estimated to increase by approximately $5 per month.
The Board of Directors released a statement explaining the increase as necessary for the community's safety.
“Budget and rate planning is guided by Centennial Water’s goals to provide customers with safe, clean, and reliable water services that meet all regulatory requirements, as cost-effectively as possible,” The Board stated.
The rate increase was passed to recover the cost of operations and maintenance. This includes staff, electrical, treatment chemicals, ongoing repair and maintenance of facilities, water acquisition, investment in infrastructure, and debt service.
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