Comment Up
Tonight the contract with Aqua Utilities in on the agenda under New Business. Aqua wants us to decrease the amount we charge to them for potable water to a rate consistent with that of other bulk water customers. The proposed revenues generated by water sales to Aqua Utilities Florida for FY 2012 based on the current rates are estimated to be 260,000.00. This contract will reduce the estimated revenues to $110,000.00.
The rates charged by Aqua Utilities to their customers are governed by the Public Service Commission and as such this agreement does not include a guarantee that the savings realized by Aqua Utilities will be passed along to or directly benefit the residents in the Lake Osborne Estates community. As a result of these changes, AUF has agreed to provide a reserve capacity payment for the additional connections within the service area. This equates to a one-time payment of one hundred twenty six thousand three hundred ninety two dollars ($126,392.00).
Under the new agreement, the initial bulk service rate shall be 0.317 cents per hundred gallons. Future rate changes will be allowed at the time of the City of Lake Worth water system rate increases and the new rate to be charged will be equal to the current rate plus the difference between the new rate of the lowest tier residential water rate minus the previous rate of the lowest tier residential water rate.
As you recall, Aqua just got a rate increase approved in February by $2.6 million. If we give them a bulk rate (encouraged to pursue by William Coakley) in order to reduce the charge to Lake Osborne Estates, it is only fair that Aqua give their customers a decrease of the same percentage. AUF strictly “passes on” the water they receive from LWU and doubles the rate forcing Lake Osborne Estates' residents to pay the highest rates in the area.
Someone is making a bunch of money and it isn't Lake Worth. Why did Aqua buy it retail to begin with? The Public Service Commission should now consider Aqua to give rebates to Lake Osborne Estates if this deal goes through tonight.
3 comments:
I keep hearing the same old song from the Commissioners"we're broke, we can't help you."Every electric customer in Lake Worth is now charged a "service" fee of 35.00 wether or not they use any electricity or not. If you are seasonal,SO WHAT, YOU PAY !Also,every cell phone customer in Lake Worth pays about a 5 dollar fee that goes to Lake Worth.Where is that money going?Commissiners,if you want to give a break to somebody,give to your citizens,not some fat cat company that is getting rich off the backs of the citizens in a neighboring town.And ANDY,WHERE IS THE DARN ELECTRICAL AUDIT?!?!?! Katie Mcgiveron
Tell me Mattey DID NOT SAY----I WANT YOU TO APPROVE THIS RATE REDUCTION BUT I DON'T KNOW HOW MUCH IT COSTS TO DELIVER WATER TO THEM.
Where do they get these people?
"Where do they get these people"- IN A BIG OLE WAREHOUSE STORE IN CENTRAL FLORIDA CALLED CITY STAFF REJECTS ARE US !!!
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