NOTICE OF PROPOSED RATE CHANGE
In accordance with the requirements of the Kentucky Public Service Commission (“PSC”) as set out in 807 KAR 5:069, Section 3, notice is hereby given to the customers of the U.S. 60 Water District (“District”) of a change in water rates for users of the District's water system. The changes in water rates are required by USDA, Rural Development (“RD”) in connection with a loan by RD to the District in the amount of $1,600,000 to be evidenced by the issuance by the District of its water revenue bonds in such amount, which RD has agreed to purchase provided the District meets certain conditions of RD, including revising the water rates as set forth below:
Current Rates
Proposed Rates
Increase ($)
Increase (%)
5/8 x 3/4 Inch Meters:
First 1,000 gallons
$17.35 Minimum Bill
$18.57 Minimum Bill
$1.22
7.03%
Next 2,000 gallons
$0.00968 per gallon
$0.00997 per gallon
$0.00029
3.00%
Next 2,000 gallons
$0.00818 per gallon
$0.00847 per gallon
$0.00029
3.55%
Over 5,000 gallons
$0.00746 per gallon
$0.00777 per gallon
$0.00031
4.16%
1 Inch Meters
First 5,000 gallons
$53.07 Minimum Bill
$55.45 Minimum Bill
$2.38
4.49%
Over 5,000 gallons
$0.00746 per gallon
$0.00777 per gallon
$0.00031
4.16%
1 1/2 Inch Meters:
First 15,000 gallons
$127.67 Minimum Bill
$133.15 Minimum Bill
$5.48
4.29%
Over 15,000 gallons
$0.00746 per gallon
$0.00777 per gallon
$0.00031
4.16%
2 Inch Meters:
First 25,000 gallons
$202.27 Minimum Bill
$210.85 Minimum Bill
$8.58
4.24%
Over 25,000 gallons
$0.00746 per gallon
$0.00777 per gallon
$0.00031
4.16%
Bulk User Rate:
First 1,000 gallons
$4.49 Minimum Bill
$14.97 Minimum Bill
$10.48
233.41%
Over 1,000 gallons
$0.00449 per gallon
$0.00997 per gallon
$0.00548
122.05%
Wholesale Water Rates:
First 25,000 gallons
$171.53 Minimum Bill
$186.25 Minimum Bill
$14.72
8.58%
Over 25,000 gallons
$0.00633 per gallon
$0.00677 per gallon
$0.00044
6.95%
Customer Class
Average Monthly Usage Per Customer
Average Monthly Bill (Current Rates)
Average Monthly Bill
(Proposed Rates)
Increase in Average Monthly Bill ($)
Increase in Average Monthly Bill (%)
5/8 x 3/4 Inch Meter
4,244
$48.75
50.91
$2.16
4.43%
1 Inch Meters
4,138
$53.07
$55.45
$2.38
4.49%
1 1/2 Inch Meters
12,855
$127.67
$133.15
$5.48
4.29%
2 Inch Meters
155,490
$1,175.73
$1,224.76
$49.03
4.17%
Bulk User
0
-
-
-
-
Wholesale Water
0
-
-
-
-
The proposed monthly water rates shall be effective for water sold after the date of the final approving Order of the PSC, which Order is expected to be issued no later than November 27, 2023. The Application for approval of the rate change has been filed with the PSC and may be examined during normal business hours at the following locations: (i) US 60 Water District, 4596 Bagdad Rd, Bagdad, KY 40003; (ii) PSC, 211 Sower Boulevard, Frankfort, Kentucky, Monday through Friday, 8:00 a.m. to 4:30 p.m., E.T.; and (iii) via the PSC website at http://psc.ky.gov. Comments regarding the Application may be submitted to the PSC via its website or by mail to PSC, P.O. Box 615, Frankfort, Kentucky 40602.
The proposed rates are required under the terms of an agreement between the District and RD and KRS 278.023 does not grant the PSC any discretionary authority to modify or reject any portion of the agreement between the District and RD, or to defer the issuance of all necessary orders to implement the terms of the agreement. The RD loan proceeds will be used to finance the costs of (i) the complete replacement of the existing Grafenburg Booster Pump Station, (ii) a full-scale rehabilitation of the District's existing Driscoll Water Storage Tank, and (iii) the replacement of 1,000 existing conventional customer meters with radio read meters.
Signed: Pat Hargadon, Chairman, US 60 Water District.
In accordance with the requirements of the Kentucky Public Service Commission (“PSC”) as set out in 807 KAR 5:069, Section 3, notice is hereby given to the customers of the U.S. 60 Water District (“District”) of a change in water rates for users of the District's water system. The changes in water rates are required by USDA, Rural Development (“RD”) in connection with a loan by RD to the District in the amount of $1,600,000 to be evidenced by the issuance by the District of its water revenue bonds in such amount, which RD has agreed to purchase provided the District meets certain conditions of RD, including revising the water rates as set forth below:
Current Rates
Proposed Rates
Increase ($)
Increase (%)
5/8 x 3/4 Inch Meters:
First 1,000 gallons
$17.35 Minimum Bill
$18.57 Minimum Bill
$1.22
7.03%
Next 2,000 gallons
$0.00968 per gallon
$0.00997 per gallon
$0.00029
3.00%
Next 2,000 gallons
$0.00818 per gallon
$0.00847 per gallon
$0.00029
3.55%
Over 5,000 gallons
$0.00746 per gallon
$0.00777 per gallon
$0.00031
4.16%
1 Inch Meters
First 5,000 gallons
$53.07 Minimum Bill
$55.45 Minimum Bill
$2.38
4.49%
Over 5,000 gallons
$0.00746 per gallon
$0.00777 per gallon
$0.00031
4.16%
1 1/2 Inch Meters:
First 15,000 gallons
$127.67 Minimum Bill
$133.15 Minimum Bill
$5.48
4.29%
Over 15,000 gallons
$0.00746 per gallon
$0.00777 per gallon
$0.00031
4.16%
2 Inch Meters:
First 25,000 gallons
$202.27 Minimum Bill
$210.85 Minimum Bill
$8.58
4.24%
Over 25,000 gallons
$0.00746 per gallon
$0.00777 per gallon
$0.00031
4.16%
Bulk User Rate:
First 1,000 gallons
$4.49 Minimum Bill
$14.97 Minimum Bill
$10.48
233.41%
Over 1,000 gallons
$0.00449 per gallon
$0.00997 per gallon
$0.00548
122.05%
Wholesale Water Rates:
First 25,000 gallons
$171.53 Minimum Bill
$186.25 Minimum Bill
$14.72
8.58%
Over 25,000 gallons
$0.00633 per gallon
$0.00677 per gallon
$0.00044
6.95%
Customer Class
Average Monthly Usage Per Customer
Average Monthly Bill (Current Rates)
Average Monthly Bill
(Proposed Rates)
Increase in Average Monthly Bill ($)
Increase in Average Monthly Bill (%)
5/8 x 3/4 Inch Meter
4,244
$48.75
50.91
$2.16
4.43%
1 Inch Meters
4,138
$53.07
$55.45
$2.38
4.49%
1 1/2 Inch Meters
12,855
$127.67
$133.15
$5.48
4.29%
2 Inch Meters
155,490
$1,175.73
$1,224.76
$49.03
4.17%
Bulk User
0
-
-
-
-
Wholesale Water
0
-
-
-
-
The proposed monthly water rates shall be effective for water sold after the date of the final approving Order of the PSC, which Order is expected to be issued no later than November 27, 2023. The Application for approval of the rate change has been filed with the PSC and may be examined during normal business hours at the following locations: (i) US 60 Water District, 4596 Bagdad Rd, Bagdad, KY 40003; (ii) PSC, 211 Sower Boulevard, Frankfort, Kentucky, Monday through Friday, 8:00 a.m. to 4:30 p.m., E.T.; and (iii) via the PSC website at http://psc.ky.gov. Comments regarding the Application may be submitted to the PSC via its website or by mail to PSC, P.O. Box 615, Frankfort, Kentucky 40602.
The proposed rates are required under the terms of an agreement between the District and RD and KRS 278.023 does not grant the PSC any discretionary authority to modify or reject any portion of the agreement between the District and RD, or to defer the issuance of all necessary orders to implement the terms of the agreement. The RD loan proceeds will be used to finance the costs of (i) the complete replacement of the existing Grafenburg Booster Pump Station, (ii) a full-scale rehabilitation of the District's existing Driscoll Water Storage Tank, and (iii) the replacement of 1,000 existing conventional customer meters with radio read meters.
Signed: Pat Hargadon, Chairman, US 60 Water District.