The city of Madison may increase water rates next year after the Madison Water Utility applied to raise rates.
An increase in gross plant investment by 10.3% and a 6.2% increase in operating expenses are driving the request.
The total increase in water revenue requested is $8.3 million, an estimated overall rate increase of 14.8%.
If implemented, a residential customer with a ⅝-inch or ¾-inch meter who uses 4,000 gallons of water per month would see an increase from $33.90 to $40.50, or $6.60 per month.
The annualized rate increase is 6.5% for residential customers.
A virtual public hearing on the application will be held on Nov. 11 at 10 a.m.
