• 10 May 2010 /  Cost of Water

    The Cape Fear Public Utility Authority that regulates water for Wilmington, N.C. and Brunswick County raised water rates 14% effective 5/1/2010. This is their second rate increase this year. Water rates are rising across the country as states are becoming more and more aware of the supply / demand imbalance and begin to move toward pricing water at its true (i.e. unsubsidized) cost. Given the budgeting problems caused by the economy, more municipalities are raising rates to pay for capital improvement projects. They can no longer afford to subsidize water rates. Rising water rates correlate positively with both property owners’ interest in conservation solutions and the associated payback periods or return-on-investment.

    Source: Cape Fear Public Utility Authority Website.

  • 05 Jan 2010 /  Cost of Water

    San Diego, California:
    The average San Diegan’s monthly water bill was $43.13 in January 2007. By next July, it’ll be $68.45 — a 58 percent increase for the same amount of use. Earlier droughts in the 1970s and 1990s brought similar rate spikes. But after three years of increases, this spike hasn’t peaked yet and the end isn’t in sight. The San Diego County Water Authority, the major water supplier for San Diego and other local cities, forecasts its rates rising every year and doubling by 2018, an increase that will hit the pocketbooks of almost every home and business in the region.
    Rates have been increasing faster than the authority expected. Even last year, it wasn’t projecting rates to be as high as they are now until 2012.

    Source: By ROB DAVIS, VoiceOfSanDiego.org, Sunday, Nov. 15, 2009

  • 04 Jan 2010 /  Cost of Water

    Santa Fe, New Mexico: The city raised water rates 8.2 percent last spring and will continue to raise rates 8.2 percent annually for the next four years.

    Source: By Staci Matlock, The Santa Fe New Mexican, January 1, 2010