Water, Electric Rate Increase A Possibility In Naperville

Naperville IL

14 October, 2021

4:41 PM

Description

NAPERVILLE, IL — A proposed ordinance to increase water and electric rates in Naperville will appear before City Council next week. Residents would see their utility bill increase between 2 and 3 percent from 2022-2024, according to a presentation available on City Council's website. Money from the increased rates would fund infrastructure work in the city, the presentation shows. Council will see the proposed changes for the first time on October 19 at 7 p.m. A city timeline shows Council would approve the rate changes no earlier than November. The city provided the following example: A household that pays $188.55 per year for wastewater, water, and electric in 2021 would pay $192.45 in 2022 (a 2.1 percent increase), $197.55 in 2023 (a 2.6 percent increase), and $202.86 in 2024 (a 2.7 percent increase). Here is some more detail on these increases: Electric rates would not increase in 2022 for any customers, a city presentation shows. In 2023 and 2024, residents would see an increase of 1 percent. Commercial customers in certain classes would see an increase of less than 1 percent in 2023 and 2024. Others would see no change, or see a decrease in their electric rate. Money used from electric rate increases would be used to improve a substation along I-88, a city presentation shows. Water rates would increase 4.7 percent from 2022-2024 for average residential users. Commercial water rates would increase incrementally: 4.2 percent in 2022, 4.5 percent in 2023, and 4.6 percent in 2024.Money used from water rate increases would be used to repair water main infrastructure, make improvements at the wastewater treatment plant, and reduce or eliminate overflow from sanitary sewers, a city presentation shows. More information about the proposed changes are available on the Naperville City Council website.