CUB: Cut water rate hike by 60%

Expert testimony filed by CUB and other groups found that Illinois American Water’s $43 million rate-hike request should be slashed by more than 60 percent.
“The expert testimony clearly shows that Illinois American’s rate-hike proposal is bloated,” CUB Executive Director David Kolata said. “Among other things, the analysis reveals that the company is asking for an excessive profit rate, and it unfairly expects customers to cover executive bonuses that should be paid for by shareholders. Customers deserve better, and that’s why we’re pushing to cut this rate hike as much as possible.”

Read all about it! 

20160626_waterratehike_fb

Advertisements

About Jim Chilsen

Jim is director of communications for the Citizens Utility Board (CUB)
This entry was posted in Illinois American, Water and tagged , . Bookmark the permalink.

Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s