Monday, September 06, 2010
West Virginia American Water Seeks Surcharge
WEST VIRGINIA....
West Virginia American Water has asked the state Public Service Commission to allow the company to add a quarterly surcharge onto customers' bills to cover the cost of replacing aging pipes. American Water says it needs about $25.1 million for 423 projects in 11 counties. Company President Wayne Morgan says replacing mains now will save money for customers in the long term, but PSC Consumer Advocate Byron Harris, who opposes the proposal, says it shifts the risk of investing in improvement to customers rather than company shareholders.
West Virginia American Water has asked the state Public Service Commission to allow the company to add a quarterly surcharge onto customers' bills to cover the cost of replacing aging pipes. American Water says it needs about $25.1 million for 423 projects in 11 counties. Company President Wayne Morgan says replacing mains now will save money for customers in the long term, but PSC Consumer Advocate Byron Harris, who opposes the proposal, says it shifts the risk of investing in improvement to customers rather than company shareholders.
# posted by Homer Owens @ 8:47 AM 
