CFPUA to hold rates in new budget

WILMINGTON, NC (WWAY) — Cape Fear Public Utility Authority customers won’t see a rate increase later this year.

CFPUA’s Board of Directors approved a $75.6 million budget today. According to a news release, the plan does not increase water and sewer rates for Fiscal Year 2017.  CFPUA says the uniform rate for water will remain at $3.67 per 1,000 gallons used and the sewer usage rate will remain at $4.56 per 1,000 gallons used. CFPUA’s fixed charges will also remain the same at $25.81 per bi-monthly bill for water and $29.10 per bi-monthly bill for sewer.

CFPUA says under the new budget an average residential bill will remain at $69.49 a month.

The release says the budget also cuts the cost of CFPUA’s System Development Charges (SDCs) for a customer connecting to water and/or sewer service for the first time. CFPUA says SDCs are charged to new customers to help pay for the construction and upgrades of the infrastructure needed to take them on as customer. The sewer SDC drops from $2,460 to $2,030, while the water SDC lowers from $1,920 to $1,510.  The lowered SDCs will take effect at the start of the fiscal year, which begins July 1.

CFPUA is also passing those savings on to property owners in four areas where mandatory connections were recently required. Some owners had already paid during the 180-day period CFPUA allows. Those who have will get refunds to get to the lower FY2017 rate.

Categories: Local, New Hanover

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