Water Sector News
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Water authority approves rate hike, budget
The Albuquerque Bernalillo County Water Utility Authority board unanimously approved a 5% rate hike Wednesday.
Starting in August, typical residential customers will see an estimated $2.49 increase on their monthly water and sewer bills.
The increases are the first in four years.
Stan Allred, the utility’s chief financial officer, said the rate hike will help pay for rising fuel and chemical costs.
“A lot of this is due to supply chain issues and inflation,” Allred said.
Bills for such multi-family accounts as apartment complexes and condos will increase about $3.83. Such commercial spaces as offices, hotels and retail locations will see their costs rise by about $5.83.
Manufacturing facilities will see a $25.46 increase, and monthly bills will increase by about $11.77 for government buildings, hospitals and schools.