FOR IMMEDIATE RELEASE -- May 22, 2013
Contact: Kevin Kelly (573) 751-9300
Missouri-American Water Company Infrastructure System Replacement Surcharge Change Approved
JEFFERSON CITY---The Missouri Public Service Commission has approved a request filed by the Missouri-American Water Company to adjust the infrastructure system replacement surcharge (ISRS) on the bills of its St. Louis County customers. Missouri-American first established an ISRS on customer bills in December 2003.
Missouri-American Water Company sought the ISRS change to reflect infrastructure replacement investments made by the water company for the period of August 2012 through March 2013. These costs are not currently included in Missouri-American’s rates.
Residential customers in the company’s St. Louis County service area currently pay an ISRS of approximately 7 cents per Ccf (per hundred cubic feet) or approximately 10 cents per 1,000 gallons of water used. Under the change, residential customers will pay an ISRS of approximately 18.5 cents per Ccf or approximately 24.7 cents per 1,000 gallons of water used.
The infrastructure system replacements for which Missouri-American sought ISRS recognition are either: 1) mains and associated valves and hydrants installed as replacements for existing facilities that have worn out or were in a deteriorated condition; or 2) a main cleaning and/or relining project; or 3) infrastructure facility relocations due to construction or improvements of a highway, road, street, public way or other public work required by or on behalf of the United States, the State of Missouri, a political subdivision of the State of Missouri, or another entity having the power of eminent domain.