Thursday, October 13, 2011
The rate increases have hit some customers harder than others. The CFPUA’s newest rate structure specifically targets families with higher tiered rates while giving commercial customers a pass, charging them a uniform rate.
According to reports in the Wilmington Star News, the next round of rate increases will likely begin in 2013, a little more than a year from now.
Cape Fear Public Utility Authority customers will not get relief from higher rates anytime in the near future. As the organization’s spending continues to grow, rates will rise unless the CFPUA finds a significant increase in revenue from improved economic conditions or is able to substantially grow its customer base.