NEW YORK PRESS SERVICE - LEGALS - Ad from 2023-05-20
Details for NEW YORK PRESS SERVICE - LEGALS - Ad from 2023-05-20
Liberty Utilities (New York Water) Corp. NOTICE OF PROPOSED RATE INCREASE On May 4, 2023, Liberty Utilities (New York Water) Corp. (the Company) filed with the New York State Public Service Commission (Commission) proposed changes to its tariff, P.S.C. No. 1—Water, together with supporting data. The proposed changes would increase the Company’s annual consolidated revenue by $39,745,567 million (or 34.24%) for the rate year ending March 31, 2025. These changes are driven by necessary capital investments, including main replacement, treatment facilities, well upgrades, and meter installation, as well as the recovery for several initiatives that directly impact the service provided to customers, including the creation of 17 local customer service positions and the implementation of a lowincome and arrearage management programs. The estimated average residential bill for customers currently in the Company’s Service Area 1 (Lynbrook) will increase by $18.32, Service Area 2 (Merrick) will increase by $15.74, and Sea Cliff (North Shore) customers will increase by $7.37. The Company’s proposal will take effect April 1, 2024, subject to approval by the Commission. The Commission may approve, modify, or reject any or all of the proposed tariff changes. The filing may be examined at the Company’s office at: 60 Brooklyn Avenue, Merrick, New York, 11566. The filing is also available for review on the PSC’s website at https://dps.ny.gov/ by searching for Case 23-W-0235.