FOR IMMEDIATE RELEASE -- July 31, 2013
Contact: Kevin Kelly (573) 751-9300
PSC Approves Agreement Reached In Gladlo Water and Sewer Company Rate Rate Cases
JEFFERSON CITY---The Missouri Public Service Commission has approved an agreement which authorizes Gladlo Water & Sewer Company, Inc., through its court-appointed receiver, Heartland Utilities, LLC, to increase annual water operating revenues by approximately $3,619 and annual sewer operating revenues by approximately $7,381 for service on and after August 15, 2013.
The rate increase is designed to recover the Company’s cost of service and is the first rate increase for Gladlo Water & Sewer Company, Inc. since 2009.
When the company filed its rate request with the Public Service Commission on November 2, 2012, it sought to increase annual water operating revenues by approximately $9,186 and annual sewer operating revenues by approximately $5,281.
Under the small company rate case process, the PSC staff audits the books and records of the company.
After the audit, the PSC staff presented its findings as well as its initial recommendation for resolution of the rate requests to the Office of the Public Counsel and the company. Based upon discussions between the PSC staff, the company and the Office of the Public Counsel, an agreement was reached 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.
Under the agreement, the water bill for an average residential customer will increase from $23.93 a month to $28.82 a month. Sewer rates will increase from $18.42 a month to $28.50 a month.
In addition to the agreed-upon rate increases, the company is required to make certain improvements to both its water and sewer operations within specified time frames.
Gladlo Water & Sewer Company, Inc., through its court-appointed receiver, Heartland Utilities, LLC, serves approximately 67 sewer and 71 water customers in the Whispering Pines Subdivision near Rolla, Missouri.
Case No. SR-2013-0258
& <a href="https://www.efis.psc.mo.gov/mpsc/Docket.asp?caseno=WR-2013-0259" target="blank_" "="" data-cke-saved-href="https://www.efis.psc.mo.gov/mpsc/Docket.asp?caseno=WR-2013-0259">WR-2013-0259