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HomeMy WebLinkAbout20181115Customer Letter and Press Release.pdfii[l;:ivrD Case Nos. STJZ-W-18-02 and EAG-W-18-01 JOINT APPLICATION AND REQUEST FORMODIFIED PROCEDURE ATTACHMENT 3 CusroMER Lnrrnn SUEA First Name Last Name Address Address line 2 Phone fax email November 15,2018 Dear Eagle Water Company Customers: SUEZ is pleased to announce that it is seeking to acquire Eagle Water Company and hopes to be your trusted water provider in the future. SUEZ, a global innovator in water and wastewater services, filed a joint application with the ldaho Public Utilities Commission to acquire the Eagle Water Company assets that serve approximately 12,000 people. lf approved by the ldaho Public Utilities Commission, the acquisition would fold Eagle Water Company into SUEZ'existing ldaho operations serving 240,000 people in Boise and the surrounding area. While SUEZ has a global presence, our Treasure Valley employees are dedicated to providing exceptional local service to our customers. For your convenience, a list of frequently asked questions and answers is enclosed that outlines improvements we would make to your water service and system, potential rate changes, and how you can comment on the acquisition. lf you have any additional questions, please call us at208.362.7304. We will continue to send updates regarding the potential acquisition and look forward to the possibility of serving you in the near future. Sincerely, H/,444// f/arr./.4a Marshall Thompson VP & General Manager ldaho Operations SUEZ 8248 W. Victory Rd., Boise, lD 83709 www.mysuezwater.com Who is SUEZ? SUEZ is a recognized global leader in water and wastewater services and technology that has been serving the Treasure Valley since 1928. Our existing ldaho operations currentty serve 240,000 peopte in the Treasure Vattey. Why is SUEZ filing a joint application with Eagle Water Company to purchase these assets? Eagle Water Company serves approximately 12,000 people within the City of Eagle, ldaho. At this time, the owner of the system has sought a potential buyer to assume the assets of the system. Selling the system to SUEZ, a company with the necessary expertise and capital to operate and modernize the system, will be beneficial to Eagle Water Company customers. What are the benefits to Eagle Water Company customers? lf the ldaho Public Utilities Commission approves the sale of the system, SUEZ will make significant improvements that will enhance service reliability for Eagle Water Company customers, including:o 24-hour automated monitoring of the system to ensure continuous service reliability and water quality o Provide critical system disinfection for public safety. The expertise and experience of certified water quality, production and distribution personnelr A robust online customer web and billing site. Greater access to capital investments necessary to maintain a water system for the long-term and economies of scale achieved by a larger company When will the transaction close? The sale of the system is subject to regulatory approval by the ldaho Public Utilities Commission and is expected to close sometime next year. Are there any benefits to current SUEZ customers? Redundancy is critical to the operation of any water system. As proposed, Eagle Water Company assets would be interconnected with SUEZ facilities in the local area to benefit all customers. How will my rates change? The ldaho Public Utilities Commission sets rates for new customers. As proposed in this filing Eagle Water Company customers would see gradual rate increases over the next three years. Residential Eagle Water Company customers on average would see:. 2019: Monthly rate increases of approximately $6 or 20 cents per day. 2020: Monthly rate increases of approximately $9 or 30 cents per day. 2021: Monthly rate increases of approximately $9 or 30 cents per day Commercial Eagle Water Company customers would also see rate increases. On average:. 2019: Monthly rate increases of approximately $40 or $1.33 per day.. 2020: Monthly rate increases of approximately $40 or $1.33 per day.. 2021: Monthly rate increases of approximately $40 or $1.33 per day. SUEZ FILES INTENT TO ACQUIRE EAGLE WATER COMPANY ASSETS @ SUEZ www.mysuezwater.com Residentia! customers would see an overall increase of 2O4Yo, based on an average calculated monthly bill of $12.35 using 12,000 gallons per month. Commercial customers would see a 303o/o increase based on an average calculated monthly bill of $38.96 using 56,000 gallons per month. ls SUEZ planning to expand further in ldaho? There is no plan to expand SUEZ operations in ldaho at this time. Where can I review the joint application to acquire Eagle Water Gompany assets? Copies of this application are available for public review at the offices of both the ldaho Public Utilities Commission a|472 W. Washington Street, Boise, lD and SUEZ offices at 8248W. Victory Rd., Boise, lD. Digital copies are also available from the Commission's homepage at www.puc.idaho.gov. Customers may subscribe to the Commission's RSS feed (Rule 039.03) to receive periodic updates via e-mail about the case. Written comments regarding the utility's application may be filed with the Commission, www.puc.idaho.gov. How can I reach SUEZ if I have additiona! questions? Our representatives are available to answer your questions during normal business hours at 208.362.7304. SUEZ FILES INTENT TO ACQUIRE EAGLE WATER COMPANY ASSETS @ SUEE www.mysuezwater.com r;;[:ili:i'JEn . r' I ilttr , i Fr;l ln. ti,l[... i,U, I J ii,, iu'r:"t Case Nos. SIJZ-W-I8-02 and EAG-W-18-01 JOINT APPLICATION AND REQUEST FORMODIFIED PROCEDURE ATTACHMENT 4 Pnnss Rnrrasn press release SUCE Boise, lD 1111512018 SUEZ FILES INTENT TO ACQUIRE EAGLE WATER IN IDAHO 'Tuck-in'Acquisitions Part of NationaI Growth Strategy SUEZ, a gtobaI innovator in water and wastewater services, f il.ed a joint apptication with the ldaho Publ.ic Util.ities Commission to acquire the Eagte Water Company assets that serve approximatety 12,000 peopte within the City of Eagte and portions of Ada County in Southwest ldaho. The acquisition woutd fotd Eagte Water Company into SUEZ' existing ldaho operations that currentty serves 240,000 people in Boise and the surrounding area. "The water utility [andscape continues to shift as smat[ private and municipatty-owned utitities seek out [arger investor-owned companies to acquire their operations. The successfuI operation of and investment in critical infrastructure more than ever requires retiable and [arger operators who can sustain systems wetl into the future," said Eric Gernath, CE0 of SUEZ North America. "Atthough there is no intent to expand operations in ldaho beyond Eagte Water Company at this time, this acquisition is part of a national strategy to grow the company's portfotio by targeting water utitities in close proximity to existing operations." The acquisition woutd inctude significant upgrades to the Eagte Water system and service improvements for new customers: . 24-hour automated monitoring of the system to ensure continuous service reLiabitity and water quatity. Provide criticaI system disinfection for pubtic safety. The expertise and experience of certified water quatity, production and distribution personneI. A robust ontine customerweb and bil.l.ing siteo Greater access to capital investments necessary to maintain a water system for the long- term and economies of scale achieved by a [arger company "This acquisition signif ies our continuing commitment to provide wortd-class services to residents of the Treasure Vat[ey," said Marshat[ Thompson, Vice President and GeneraI Manager of the company's ldaho operations. "l [ook forward to the possibil.ity that we witt be serving more of our neighbors in the greater Treasure Vatl.ey area soon." Thompson added that current ldaho customerswoutd atso receive the benefit of nearty 13 mittion gattons a day of additionaI water suppty. "Substantiatty improving the avaitabitity of water suppty in the area hetps ensure continuous service, despite any effects that may arise from weather emergencies or regionaI growth," said Thompson. "Having redundancy is critical to a[[ of our customers." @ The sate of the system is subject to regulatory approvaI by the ldaho Pubtic Utitities Commission and is expected to close sometime in2019. The Commission is the governing body that wittdetermine and set rates for new customers. As proposed in this fiting, residential Eagte Water customers woutd see graduaI rate increases over the next three years. 0n average:. 2019: Monthty rate increases of approximately $6 or 20 cents per day.. 2020: Monthty rate increases of approximatety $9 or 30 cents per day.. 2021: Monthty rate increases of approximatety $9 or 30 cents per day. Over the next three years, commercial Eagl.e Water customers woutd also see rate increases. 0n average:. 2019: Monthty rate increases of approximatety $40 or $1.33 per day.. 2020: Monthty rate increases of approximatety $40 or $1.33 per day.. 2021: Monthly rate increases of approximately $40 or $1.33 per day. Residential customerswoutd see an overatl increase of 204o/o, based on an average catculated monthly bitt of $12.35 using 12,000 gattons per month. Commerciat customers woutd see a 303% increase based on an average catcutated monthty bitt of $38.96 using 56,000 gattons per month. Copies of this apptication are avaitabte for public review at the offices of both the ldaho Pubtic Utitities Commission and SUEZ in Boise. Digitat copies are atso avaitabte from the Commission's homepage at www.puc.idaho.gov. Customers may subscribe to the Commission's RSS feed IRul.e 039.031 to receive periodic updates via emaiI about the case. Written comments regarding the utitity's apptication may be fited with the Commission -XXX- About SUEZ SUEZ in North America operates across at[ 50 states and Canada with 3,260 emptoyees dedicated to environmentaI sustainabitity and smart and sustainab[e resource management. The company provides drinking water, wastewater and waste coltection service to 6.4 mittion peopte on a daity basis; treats over 600 mitl.ion gattons of water and over 450 mitl.ion gattons of wastewater each day; detivers water treatment and advanced network sotutions to 15,000 industrial and municipaI sites; processes 55,000 tons of waste for recycting; rehabititates and maintains water assets for more than 4,000 municipaI and industriaI customers; and manages $4.1 bittion in total assets. The company posted revenues of $1.064 bittion in2017 and is a subsidiary of Paris-based SUEZ. About Eag[e Water Eagte Water Company, lnc. provides water suppl.y services. Eag[e Water Company, lnc. was founded in 1972 and is based in Eagte, ldaho. Press Contacts Rich Henni ng (20 1 I 7 67 -2869 or rich. henn in g ltlsuez.com Steve Goudsmith 1201l, 225-6809 or steven. gouds m ith ftlsuez.com Find out more about the SUEZ Group on the website & on social media (E (D CEt