WILMNGTON, NC (WECT) – Cape Fear Public Utility Authority customers will see a higher rate starting on or after May 1, 2014.
The CFPUA Board voted Wednesday to adopt the new rates in an effort to off-set an 8% decline in water usage due to the heavy rains last summer.
Residents will see a 7.3% increase per 1,000 gallons of water used and an 8.3% increase per 1,000 gallons of sewage used.
In other words, it will now cost $3.67 per 1,000 gallons for water usage and $4.56 per 1,000 gallons for sewage usage.
"When we ask our board to consider a rate increase, we must be able to demonstrate that CFPUA is properly balancing the financial impact on our customers with the need to appropriately maintain the water and sewer systems," said Jim Flechtner, CFPUA Executive Director. "The School of Government study shows that CFPUA is right where we should be, and need to be, in setting fair rates and fiscally responsible budgets."
An explanation of the new rates can be found online at www.cfpua.org.
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