Tennessee Water Service Rate Review, #09-00017
Tennessee Water Service Rate Review, #09-00017
On January 30, 2009, TWS filed a petition requesting an increase of $150,902 in revenues, an approximately 70% increase. This was the company’s first rate increase in nearly 20 years. After preparing the matter for hearing, the Consumer Advocate and the utility agreed to a settlement that reduced the company’s request to $127,687, which will be phased-in over a 12 month period. This results in a 66.4% increase and a rate of return not to exceed 6.89%. The Consumer Advocate was also successful in including several consumer protection provisions which sought to ease the implementation of such a large increase to consumers. This settlement agreement was approved by order of the Authority on September 15, 2009.
Tennessee Regulatory Authority Filings
This list includes only significant filings and is not intended to be a complete record of the matter.
