N.Y. PSC: New York Water Utility Secures Further Delay in Rate Increase
January 08, 2025
January 08, 2025
ALBANY, New York, Jan. 8 -- Somerdel Water-Works Corp. has been granted a further postponement of its proposed rate increase by the New York State Public Service Commission (PSC).
The company initially sought a 35% rate increase in April 2024 to cover rising operating costs and capital expenditures. The original effective date of October 1, 2024, was previously postponed to February 1, 2025.
The PSC has now approved a request to further delay the effective date of the r . . .
The company initially sought a 35% rate increase in April 2024 to cover rising operating costs and capital expenditures. The original effective date of October 1, 2024, was previously postponed to February 1, 2025.
The PSC has now approved a request to further delay the effective date of the r . . .