Press Release

PUC Approves Lower Rate Increase than Requested by Venango County Water Co.

Published on 5/22/2014

Filed under: Water and Wastewater

HARRISBURG – The Pennsylvania Public Utility Commission (PUC) today voted to approve a joint settlement allowing a lower increase in annual rates than originally requested for Cooperstown Water Co. (Cooperstown), Venango County.

The Commission voted 5-0 to approve the joint settlement that was reached among the company, the PUC’s Bureau of Investigation and Enforcement and the Office of Consumer Advocate which was resolved through mediation.  The settlement allows an increase in annual rates of $6,000 (11.55 percent) in lieu of the $10,636 (20.5 percent) increase originally requested. 

Under the presently suspended Supplement No. 23, the monthly cost of water service to a typical residential customer using 3,000 gallons per month would have increased by approximately $6.35 (20.48 percent), from $31.01 to $37.36.  Under the Joint Petition, the monthly cost of water service to such residential customer would increase by approximately $3.58 (11.54 percent), from $31.01 to $34.59.

Additionally, Cooperstown agrees not to file for another general rate increase for 18 months after Commission approval of the settlement.

Cooperstown provides service to approximately 129 customers in the Borough of Cooperstown and Jackson Township, Venango County. 

The Pennsylvania Public Utility Commission balances the needs of consumers and utilities; ensures safe and reliable utility service at reasonable rates; protects the public interest; educates consumers to make independent and informed utility choices; furthers economic development; and fosters new technologies and competitive markets in an environmentally sound manner.

For recent news releases and video of select Commission proceedings or more information about the PUC, visit our website at www.puc.pa.gov. Follow the PUC on Twitter – @PA_PUC for all things utility. “Like” PAPowerSwitch on Facebook for easy access to information on electric shopping.

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Docket No.  R-2013-2367125

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