Palmetto Wastewater Reclamation, Inc. (PWR) filed an application to increase its rates by approximately 13.7% with the Public Service Commission of South Carolina (PSC) in June 2021. The average residential consumer’s monthly bill would increase by $5.20 per month if approved. The case is scheduled to be considered by the PSC in November 2021.
Rate Increase Request Summary
Total Revenue Requested | $4,159,736 |
---|---|
Total Revenue Increase Requested ($) | $499,003 |
Proposed Return on Equity | 10.95% |
Total Revenue Increase Requested (%) | 13.63% |
Impact on Monthly Charges
Customer Type | Current Rate | Proposed Rate | Increase |
---|---|---|---|
Residential (single-family house, condominium, villa, or apt. unit) | $37.92 | $43.12 | $5.20 (13.72%) |
Mobile Homes | $28.30 | $32.18 | $3.88 (13.72%) |
Commercial (single-family equivalent*) | $37.92 | $43.12 | $5.20 (13.72%) |
* This is the minimum charge and shall apply even if the equivalency rating is less than one. If the equivalency rating is greater than one, then the monthly charges may be calculated by multiplying the equivalency rating by the monthly charge.
Counties Where Service is Provided
- Richland
- Lexington
Important Dates (as published by the PSC)
06/16/2021 Application Filed
08/16/2021 Company Published Notification of Increase
09/02/2021 Company Testimony Due
09/06/2021 Petition to Intervene Deadline
09/30/2021 All Other Parties’ Testimony Due
10/14/2021 Company’s Rebuttal Testimony Due
10/28/2021 All Other Parties’ Surrebuttal Testimony Due 11/08/2021 Public Hearing for Consumers
11/09/2021 Public Hearing for Consumers
11/10/2021 PSC Merit Hearing Begins
12/16/2021 PSC Order Issued
Intervenors
- ORS
- SC Department of Consumer Affairs
About PWR
PWR, a subsidiary of SouthWest Water Company, provides sewer service in certain areas of Richland and Lexington Counties. PWR’s last rate increase was granted in 2019.