rate increase

New England News
9:00 pm
Wed February 27, 2013

Conn. Water Company Seeks 17% Rate Increase

BRIDGEPORT, Conn. (AP) — A water company buying up smaller systems to consolidate service in Connecticut is seeking a nearly 17 percent rate increase.

Aquarion Water Co. of Connecticut said Wednesday.an increase would generate about $27 million in revenue and cost the average customer about $7 a month.

Aquarion serves 625,000 customers in 47 cities and towns in Connecticut. It says it has spent more than $143 million to improve its delivery and other systems.

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