PSC Could Reconsider Hike In Missoula Water Rates - ABC FOX MONTANA NEWS, WEATHER, SPORTS - KTMF/KWYB

PSC Could Reconsider Hike In Missoula Water Rates

Posted: Updated:
MISSOULA -

Water customers in Missoula may soon see a spike in their rates. It all depends on the outcome of a meeting set for Tuesday. The Montana Public Service Commission is set to review its decision to approve a rate increase for Mountain Water.

As the Yoder family decorates their home in Christmas lights, they're expecting to see a much higher electricity bill.

"We enjoy putting up lights, my son really enjoys putting up decorations," said Tim Yoder.

Soon they could be expecting a hike on another bill.

"You know its going to affect our outcome, our future. Money is tight right now, it's a tough economy," Yoder said.

The Montana Public Service Commission recently approved a jump in water rates for Mountain Water customers in Missoula. The commission is reconsidering that decision on Tuesday at the request of the Montana Consumer Counsel. The counsel is arguing the commission didn't consider Mountain's promise and ability to provide lower rates to customers since it was purchased by the Carlyle Group a few years ago.

"We had our position and this is what the commission came up with," said Paul Schulz with the Montana Consumer Counsel.

Part of the reason for the higher rates, is a 9.8% increase in the return on equity, or ROE. That's the amount of net income returned to the water company as part of it's interest. Mountain Water proposed a ROE of 10%, but the counsel recommends lowering the rate to 8.75%, because of Mountain Water's ability to secure low interest rates in the past.

"Certainly we would love if the commission sided with us on all issues, but of course that doesn't typically happen," Schulz said.

Commissioner Bob Lake said although he can't say much, he said at the time the decision to increase rates was made, the commission thought the higher rate seemed fair for customers to pay.

"We're going to look at the request for reconsideration and see if the information we based our original decision off of was adequate," Lake said.

As for Yonder, he said he's seen water rates go up and down too many times in the 30 years he's lived in Missoula.

"I really don't think it's necessary," he said.

The meeting takes place at 9:30 a.m. on Tuesday in Helena. There the commission will decide to go through with its current plans, or decide to come up with a new one.

 

  • NationalMore>>

  • Obama rejects notion that trade deal is in danger

    Obama rejects notion that trade deal is in danger

    Thursday, April 24 2014 6:04 AM EDT2014-04-24 10:04:48 GMT
    President Barack Obama is rejecting suggestions that an Asia-Pacific trade deal is in danger.
    As negotiations falter, President Barack Obama is rejecting suggestions that an Asia-Pacific trade deal is in danger and says the U.S. and Japan must take bold steps to overcome differences that are threatening completion...
  • Camilla's brother dies in New York of head injury

    Camilla's brother dies in New York of head injury

    Thursday, April 24 2014 6:04 AM EDT2014-04-24 10:04:33 GMT
    The Prince of Wales and his wife, Camilla, are "utterly devastated" by the death of her brother, who fell outside a hotel bar and suffered a head injury.
    The Prince of Wales and his wife, Camilla, are "utterly devastated" by the death of her brother, who fell outside a hotel bar and suffered a head injury, British royal officials said.
  • Last year's deadbeats do best as stocks stall

    Last year's deadbeats do best as stocks stall

    Thursday, April 24 2014 3:24 AM EDT2014-04-24 07:24:57 GMT
    Financial markets rarely stick to the script, and this year is no different.
    Financial markets rarely stick to the script, and this year is no different.
  • Most Popular

  • Most Popular StoriesMost Popular StoriesMore>>

  • President Obama Tours Mudslide Damage; Comforts Family

    President Obama Tours Mudslide Damage; Comforts Family

    Tuesday, April 22 2014 10:55 PM EDT2014-04-23 02:55:41 GMT
    KHQ - Stay tuned to KHQ.COM for the arrival of President Barack Obama in Everett, WA on Air Force 1 around 12:30pm Tuesday. President Obama plans to visit and survey the devastated community of Oso. Air Force 1 could arrive as early as 12:25 or as late as 12:50. >>>WATCH Right Here On Khq.com>>>
    KHQ.COM - The President has arrived in Washington State to visit and survey the devastated community of Oso. Air Force touched down in Everett shortly after 12:30 today. Obama will tour the area of Oso and visit with families who loved ones were killed in the devastating mudslide.
  • PHOTOS: Inmates Currently Sentenced To Death In Washington State

    PHOTOS: Inmates Currently Sentenced To Death In Washington State

    Thursday, February 13 2014 8:45 AM EST2014-02-13 13:45:22 GMT
    SPOKANE, Wash. - On Tuesday Washington Governor Jay Inslee announced he is suspending the use of the death penalty in Washington state. So who does this affect at the moment? KHQ found there are currently nine men sentenced to death in Washington state.
    SPOKANE, Wash. - On Tuesday Washington Governor Jay Inslee announced he is suspending the use of the death penalty in Washington state. So who does this affect at the moment? KHQ found there are currently nine men sentenced to death in Washington state.
  • What Does Russell Wilson's Divorce Mean for the Seahawks in 2014

    What Does Russell Wilson's Divorce Mean for the Seahawks in 2014

    After the Seattle Seahawks announced a statement for their Super Bowl-winning quarterback Russell Wilson that he was filing for divorce from his wife, only one question popped into my head. What is going to happen to Danger-Russ on the field? 
    After the Seattle Seahawks announced a statement for their Super Bowl-winning quarterback Russell Wilson that he was filing for divorce from his wife, only one question popped into my head. What is going to happen to Danger-Russ on the field? 
  • Bozeman, Gardiner High Schools Ranked Top In Montana

    Bozeman, Gardiner High Schools Ranked Top In Montana

    Thursday, April 24 2014 12:11 AM EDT2014-04-24 04:11:27 GMT
    Two southwestern Montana high schools are top schools in the state.
    Two southwestern Montana high schools are top schools in the state.
  • Murdoch's Four Corners Store Opening Thursday

    Murdoch's Four Corners Store Opening Thursday

    Tuesday, April 22 2014 12:04 AM EDT2014-04-22 04:04:20 GMT
    A popular farm and ranch store is opening a new location just outside Bozeman this week.
    A popular farm and ranch store is opening a new location just outside Bozeman this week.
  • Pablo Electronics Co. Earns $1.8M Missile System Contract

    Pablo Electronics Co. Earns $1.8M Missile System Contract

    Tuesday, April 22 2014 8:14 PM EDT2014-04-23 00:14:49 GMT
    A small business on the Flathead Indian Reservation announces a $1.8 million contract to create parts for a U.S. Army missile detection system.
    A small business on the Flathead Indian Reservation announces a $1.8 million contract to create parts for a U.S. Army missile detection system.
  • Griz Baseball Surging to Make Playoffs

    Griz Baseball Surging to Make Playoffs

    Tuesday, April 22 2014 11:37 PM EDT2014-04-23 03:37:30 GMT
    The Griz baseball team is currently in second place in the North Division of the No-Pac Conference, it doesn't sound like a bad spot, unless your the squad expecting to be in first.
    The Griz baseball team is currently in second place in the North Division of the No-Pac Conference, it doesn't sound like a bad spot, unless your the squad expecting to be in first.
  • Zootown Church Replaces Vann's

    Zootown Church Replaces Vann's

    Thursday, April 24 2014 12:11 AM EDT2014-04-24 04:11:28 GMT
    Right across the street from the South Crossing outlet, a church has moved into the former Vann's building.Zootown Church opened on Brooks Street about a month ago. The church is affiliated with Zootown brew in downtown Missoula, and it's a member of the national group, the Christian and Missionary Alliance Church.The owner of the neighboring business, Paradise Falls Sports Bar, said since the church opened, his bar is seeing more customers. "They come in on Sunday's they have at the church, ...
    Right across the street from the South Crossing outlet, a church has moved into the former Vann's building.Zootown Church opened on Brooks Street about a month ago. The church is affiliated with Zootown brew in downtown Missoula, and it's a member of the national group, the Christian and Missionary Alliance Church.The owner of the neighboring business, Paradise Falls Sports Bar, said since the church opened, his bar is seeing more customers. "They come in on Sunday's they have at the church, ...
Powered by WorldNow

Features

  • More Features
  • Powered by WorldNow
    All content © Copyright 2000 - 2014 WorldNow and Cowles Montana Media. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.