FOR IMMEDIATE RELEASE -- July 12, 2017
Contact: Kevin Kelly (573) 751-9300
PSC Approves Agreement
in Stockton Hills Water Company Rate Case
The Missouri Public Service Commission has approved an agreement in a water rate case filed by the Stockton Hills Water Company, which authorizes the company to increase annual water operating revenues by approximately $10,117, effective July 24, 2017.
The agreement approved by the Commission was submitted by the Staff of the Missouri Public Service Commission and the Stockton Hills Water Company. The Office of the Public Counsel (OPC) did not oppose the agreement. OPC is a separate state agency which represents the general public in cases before the Commission.
On November 14, 2016, the Stockton Hills Water Company filed a water rate case with the Missouri Public Service Commission seeking to increase annual water operating revenues by approximately $45,236. The water company stated an increase was necessary to cover additional expenses related to the drilling of a new well and increases in operation and maintenance expenses.
Under the small rate case process, the Public Service Commission Staff (PSC Staff) audits the books and records of the company. After the audit, the PSC Staff shared its audit review as well as its initial recommendation for resolution of the rate request with OPC and the Stockton Hills Water Company. Based upon discussions between the PSC Staff, OPC and the Stockton Hills Water Company, the PSC Staff and the water company reached an agreement in the rate case.
Current water rates and rates as a result of the agreement approved by the Commission appear below.
Type of Residential Customer
|Full Time Monthly Customer
|Full Time Quarterly Customer
|*Based on 3,000 gallons of water used per month
The Stockton Hills Water Company serves approximately 142 customers in Cedar County near Stockton, Missouri.