Cape Fear Public
Utility Authority residential customers will see a $5.40 bump in bimonthly
bills beginning in May 2014.
The CFPUA Board unanimously
approved the 4.4 percent rate increase during an April 9 meeting at the New
Hanover County Government Center.
will remain static.
applies to water and sewer volumetric rates. Water rates will increase from
$3.42 per 1,000 gallons to $3.67 per 1,000 gallons. Sewer rates will increase
from $4.21 per 1,000 gallons to $4.56 per 1,000 gallons.
customers will see an increase of $36 in bimonthly bills.
The increase is intended
to offset losses the authority incurred during the 2013 fiscal year, when water
consumption dropped by 8 percent.
The CFPUA board
approved a $1.2 million budget cut in February 2014 in an attempt to curb the financial impact of the usage decline on customers. During a March 12 board
meeting, three rate options to additionally offset losses were presented to the
recommended by the authority’s staff and finance committee, assumed water
consumption would decline by an additional 4 percent in 2014 and called for
a 4.4 percent rate increase.
residents spoke against the rate increase during the March 12 meeting.
increase is the second time customers have seen a hike in bimonthly bills in
the last year. On May 1, 2013, the authority approved a 10 percent increase in
bimonthly bills when a uniform rate structure was adopted.