Bloomington water rates will still go higher, but by less: Details of proposed settlement filed

Customers of city of Bloomington utilities (CBU) will be paying more for their drinking water starting Jan. 1, 2022.

But the increase will not be quite as much as CBU originally proposed.

CBU took the rate case to the Indiana Utility Regulatory Commission (IURC), after it was approved by the city council in mid-March. The IURC recognized Indiana University and Washington Township Water as intervenors.

After wrangling back and forth since the initial filing, a settlement among Bloomington and the intervenors was filed, on Oct. 6 this past week.

Under the proposed settlement, which still needs approval by the IURC, residential customers will still see an increase in two phases. But the overall increase for residential customers will go from $3.73 to $4.38 per 1,000 gallons, instead of $4.54 per 1,000 gallons.

The 16-cent smaller increase that residential customers will pay compares to a 32-cent smaller increase for Indiana University. Indiana University is a separate customer class for CBU. Indiana University’s increase will go from $2.37 to $2.99 per 1,000 gallons instead of $3.31 per 1,000 gallons.

That still leaves Indiana University with a higher percentage increase (26.16 percent) than residential customers (17.43 percent). Continue reading “Bloomington water rates will still go higher, but by less: Details of proposed settlement filed”