FOR IMMEDIATE RELEASE -- November 01, 2012
Contact: Kevin Kelly (573) 751-9300
PSC Approves Agreement Reached In Empire District Electric Company Water Rate Case
JEFFERSON CITY---The Missouri Public Service Commission has approved an agreement which authorizes The Empire District Electric Company to increase annual water operating revenues by approximately $450,000 for service on and after November 23, 2012. The rate increase is designed to recover the Company’s cost of service. Water rates were last changed in February 2006.
When The Empire District Electric Company filed its rate request with the Public Service Commission on May 21, 2012, it sought to increase annual water operating revenues by approximately $516,400.
Under the small company rate case process, the PSC staff audits the books and records of the company. After the audit, the PSC staff, the company and the Office of the Public Counsel met to discuss the results. Based upon those discussions, the PSC staff, the Office of the Public Counsel and The Empire District Electric Company reached an agreement which was then filed for Commission consideration. The Office of the Public Counsel is a separate state agency which represents the general public in cases before the PSC.
The current monthly water bill for a residential customer using 6,000 gallons of water a month is $30.62. Under the agreement approved, that same customer will pay $38.73 a month for 6,000 gallons of water.
The Empire District Electric Company serves approximately 4,500 water customers in three cities in southwest Missouri (Verona, Aurora and Marionville).