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$142.4M rate hike

Coverage of $142.4M rate hike in the Nexus archive.

Earliest in view: Jun 4 · 00:41 UTCMost recent: Jun 4 · 00:41 UTC
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  • BUSINESSJun 4 · 00:41 UTCCHICAGO SUN-TIMES
    Consumer advocacy groups oppose Illinois American Water $142.4M rate hike and potential major acquisition

    Consumer advocacy groups oppose Illinois American Water's $142.4 million rate hike, seeking a $54 million reduction, as the Illinois Commerce Commission prepares to rule. The company cites infrastructure costs for the increase, which would raise annual residential and wastewater bills by $168 and $336, respectively, while advocates highlight the parent company's $1 billion annual profits and 47,000 households already behind on payments.

$142.4M rate hike · Dossier · The Nexus