This week, it was announced that the Maryland Public Service Commission had approved a settlement agreement between Maryland American Water, the Maryland Office of People’s Counsel and PSC Staff for new water rates. The rates will be effective for customers in the Town of Bel Air and certain portions of Harford County. Maryland American Water filed the rate request on June 28, 2018. The request was driven by the $15.4 million investment the company made to build a 90 million gallon raw water impoundment and new intake since the last rate increase in 2015.
According to the press release, the new impoundment was needed as the water supply from Winters Run was insufficient at times. The new impoundment will provide Maryland American Water customers with a safe and reliable water supply. The new rates will equate to a $1.45 million annual increase in revenue for Maryland American Water effective on February 5, 2019.
The estimated bill for an average residential customer using 3,7000 gallons of water each month will be $53.75. That equates to an increase of $12.08 per month or $0.40 per day. Alternate payment options through installment agreements are available to low-income customers. The company also participates in the H2O Help to Others Program. The program provides grants of up to $110 per year for qualifying customers. Additional details can be found here.