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HomeMy WebLinkAbout20080905Press Release.pdfFor Immediate Release tt-Lù -Oß-o( RecelVEÐ MlSEP -'A" 91 86 ÐAHOPU&i.c.. .. utl..\"U;'S COMMlSS\ON TETON SPRINGS WATER & SEWER COMPAN Contact:Jon Pinardi Manager, Teton Springs Water and Sewer Company 75 West, 950 South Suite 3, Victor, il 83455 (208) 787-8088 TETON SPRINGS WATER AND SEWER COMPANY FILES IPUC RATE CASE June 11,2008 -- Teton Springs Water and Sewer Company has fied an Application at the Idaho Public Utilities Commission to become a regulated public utility and to establish initial rates for water service. The Company provides water and sewer service to approximately 600 residential and commercial lots within the Teton Springs Resort, located near Victor, Idaho. The Application requests that the IPUC approve rules and regulations and rates for providing water service. The IPUC does not regulate rates for sewer service. Jon Pinardi, Director of Teton Water and Sewer said, "We are requesting that the IPUC establish rates so that revenues generated are suffcient to provide a high level of servce, meet all of the curent and futue regulatory requirements and provide for long-term capital reserves and a moderate retu." The request for a Certificate of Public Convenience and Necessity, and the request to establish rates and charges for water service and are proposals subject to public review and a Commission decision, which may accept, modify or reject in whole or in part, the proposed rates. A copy of the Application is on file and available for inspection at the Idaho Public Utilities Commission, 472 W. Washington Street, Boise, Idaho, and the Company's offices. The Application is also available on-line at the Commission's website: http://ww.puc.state.id.us/FILEROOMlwater/water.htm. Interested persons may file a comment on the Application via the Commission's website at: htt://ww.puc.state.id.us/comments-complaints/choose%20form.htm. or by mailing comments to: Idaho Public Utilities Commission P.O. Box 83720 Boise, Idaho 83720-0074;