regulatory
confidence high
sentiment neutral
materiality 0.60
York Water settles PA rate case; $13.5M annual revenue increase effective March 1, 2023
YORK WATER CO
- PPUC approved settlement granting $13.5 million annual combined water/wastewater revenue increase.
- Average residential water bill rises from $46.49 to $53.06/month (22 cents/day increase).
- Rate increase reflects $176 million in recent system improvements and infrastructure replacements.
- New rates effective March 1, 2023; last rate case was March 2019.
- Wastewater bills increase by ~$26/month on average; varies by system.