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Author Topic: DWP pursuing 10.5% electric, 5% water hikes
Stephen-
Frank
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Post DWP pursuing 10.5% electric, 5% water hikes
on: April 25, 2012, 10:09
Quote

The Los Angeles Department of Water and Power gave notice Tuesday to the City Council that it will seek to raise electricity rates by 10.5 percent and water rates by almost 5 percent over the next two years.

In a nearly hourlong presentation to the City Council, DWP General Manager Ron Nichols said the department has received only emergency rate hikes this year and it needs a regular schedule of increases to take care of the aging systems. DWP pursuing 10.5% electric, 5% water hikes

Read More: http://www.dailynews.com/news/ci_20472360/dwp-pursuing-10-5-electric-5-water-hikes
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