Water authority approves rate hike, budget - Albuquerque Journal

Water authority approves rate hike, budget

Santa Fe likely will undertake a study of its water rates, which have received national attention for encouraging lower water usage.
Residents must be current on their water bills to qualify for low-income credit, but can seek help from the Water Assistance Fund to catch up on payments. (Source: The Fixture Gallery)

Copyright © 2022 Albuquerque Journal

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.

Two utility programs help customers who are unable to pay water and sewer bills.

The Water Assistance Fund is a one-time program to pay a monthly bill.

“Maybe somebody in the family got sick or they lost a job, or something, they can come to us and ask for assistance,” Allred said.

The utility also pays portions of bills for residents who are eligible for the low-income credit program.

Residents must be current on their water bills to qualify for the low-income credit, but can seek help from the Water Assistance Fund to catch up on payments.

The board also signed off on a $244.7 million budget for fiscal year 2023, up about $5.3 million from last year.

About $79.2 million in capital improvement projects will fund automated water meters, pipeline repairs, and water and sewer extensions for the Thunderbird Kirtland Development business park.

The utility finalized a water charge for Intel’s Rio Rancho plant expansion.

Intel is paying the water authority $32 million to build a 6-mile pipeline from two wells west of Universe Boulevard.

The company will filter nonpotable groundwater to clean silicon wafers for computer chips and a monthly charge of about $118,000 will begin once the utility starts delivering water.

Theresa Davis is a Report for America corps member covering water and the environment for the Albuquerque Journal.

 

Home » ABQnews Seeker » Water authority approves rate hike, budget


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

1
Eye care firm is No. 5 large company in ...
ABQnews Seeker
Q&A with Eye Associates of New ... Q&A with Eye Associates of New Mexico CEO Tony Lenhart and Chief Human Resources Officer Cris Todd
2
School is No. 4 small employer in Top Workplaces ...
ABQnews Seeker
Q&A with Rebecca Maestas-Sanchez, principal for ... Q&A with Rebecca Maestas-Sanchez, principal for St. Mary's Catholic School
3
Engineering firm is No. 4 mid-size company in Top ...
ABQnews Seeker
Q&A with Bohannan Huston Inc. president ... Q&A with Bohannan Huston Inc. president and CEO Bruce Stidworthy and Nancy Simutis, vice president of human resources
4
Telecommunications firm is No. 4 large company in Top ...
ABQnews Seeker
Q&A with Karen Viola, customer experience ... Q&A with Karen Viola, customer experience center senior director for T-Mobile US
5
Construction firm is No. 3 small company in Top ...
ABQnews Seeker
Q&A with Paul Farless, president and ... Q&A with Paul Farless, president and CEO of SDV Construction Inc.
6
Oil and gas firm is No. 3 mid-size company ...
ABQnews Seeker
Q&A with Ezra Yacob, CEO of ... Q&A with Ezra Yacob, CEO of EOG Resources ...
7
Electrical company is No. 3 large company in Top ...
ABQnews Seeker
B&D Industries is the No. 3 ... B&D Industries is the No. 3 large company in Top Workplaces for 2022.
8
School is No. 2 small employer in Top Workplaces ...
ABQnews Seeker
Q&A with Aldis Philipbar, development director ... Q&A with Aldis Philipbar, development director at Amy Biehl High School.
9
School is No. 2 mid-size employer in Top Workplaces ...
ABQnews Seeker
Q&A with Patricia Beecher, superintendent at ... Q&A with Patricia Beecher, superintendent at New Mexico School for the Blind and Visually Impaired.