The proposed settlement reduces San Jose Water's projected rate increase from 20% to 10%. However, residents still face increased bills due to prior hikes.
Richard Rauschmeier from the California Public Utilities Commission's Public Advocates Office indicated that even with a reduced hike, the base rates have risen due to previous increases that have been implemented concurrently.
With San Jose Water's rate adjustments, residents were originally slated for monthly rates of $120, now revised to $122.94, illustrating the complex nature of water rate hikes and their cumulative effects.
Patrick Kearns, highlighting the proposed settlement, emphasized that the perceived reduction is misleading since it doesn't account for other rate increases affecting residents.
#water-rates #san-jose-water-company #public-utilities-commission #santa-clara-county #rate-hike-settlement
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