By Will Feuer
American Water Works Co.’s subsidiary in Hawaii mentioned it can elevate charges for its Hawaii Kai prospects after the state Public Utilities Fee ordered the corporate to regulate charges.
It’s the first time Hawaii American Water has adjusted charges since 2011, the corporate mentioned.
The brand new charges will present about $1.7 million in extra annualized income and replicate over $32 million in investments that Hawaii American Water has made since 2011 to enhance wastewater therapy and companies within the space. Main initiatives have included the set up of ultraviolet disinfection therapy, photo voltaic vitality upgrades and different enhancements, the corporate mentioned.
The standard enhance for purchasers in single-family properties can be $11.52 a month, the corporate mentioned.
“This determination completes a significant course of to maintain high-quality wastewater infrastructure and repair,” Hawaii American Water supervisor Lee Mansfield mentioned. “We sit up for persevering with to enhance wastewater companies for our Hawaii Kai prospects.”
Write to Will Feuer at Will.Feuer@wsj.com