Attorney General George Jepsen says the request for a rate increase by Aquarion Water Co. of Connecticut is excessive and unwarranted.
Recently Aquarion, the largest water company in the state, filed a request with the Public Utilities Regulatory Authority (PURA) to increase rates by $33 million over three years.
“Aquarion’s proposed rates far exceed levels that could be considered just and reasonable and are unwarranted at this time,” Jepsen said in a statement. “I have asked that PURA reject this rate application and spare ratepayers an unnecessary and excessive increase to their water bills.”
If approved, customers would pay about 23 percent more on their water bills over the three-year period, according to Jepsen. The last rate increase in 2010 was about an 11 percent increase, but since then the company has acquired about 57 new water systems.
PURA officials will rule on the case in August.
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