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HomeMy WebLinkAbout20241227Comments_2.pdf The following comment was submitted via PUCWeb: Name: Kathryn Dang Submission Time: Dec 27 2024 9:57AM Email: 1dang.mama@gmail.com Telephone: 208-319-4762 Address: 1908 N 28Th St Boise, ID 83703-5838 Name of Utility Company:Veolia Case ID: VEO-W-24-01 Comment: "To the Idaho Public Utilities Commission- I am opposed the the requested rate increase of 20.5% per customer by Veolia Water.The company requested increased rates in 2022 (24.1%) and was approved for 7.06%. In their letter to shareholders, available on their compnay website,the company states that it aims to grow their US Revenue 50% by 2027. It seems they plan to achieve this by increasing customer rates.The current proposed rate increase for customers would result in an increase of company revenues of 19.8% ($11.5 million) per year. As our Public Utilities Commission, we customers expect you to be working on the behalf of the public. Custoers should only be responsible for "Fair& Reasonable Rates."Veolia is responssible for upkeep and improvement of our systems and it is unreasonable for them to ask for rate increases that are intended to increase corporate profit.Their stated Revenue Growth from 2019-2023 was 260%, resulting in $3.6 Billion dollars in sales. At some point, it is enough. In addition, Veolia contacts customers directly with offers of"Service Plan Coverage" of varying types through Home Serve USA. It is unclear what their profit is from this endeavor in addition to their monthly rates. I request that you work Veolia to insure their service to our public is for the benefit of the customers and the municipalities where they reside. Thank you for your consideration." ------------------------------------------------------------------- The following comment was submitted via PUCWeb: Name: Richard Briggs Submission Time: Dec 27 2024 1:21PM Email: Receationrick@Yahoo.Com Telephone: 208-573-2488 Address: 536 N. Edgewood Ln Eagle, ID 83616 Name of Utility Company:Veolia Case ID: VEO-W-24-01 Comment: "I'm in agreement with most of the rest of the comments.Veolia took over from Eagle Water Company and in doing so, said the rate would be adjusted.They already received approval to raise the rates over then next 5 years, which, us in Eagle had no say in the matter. Seems to me t be a little money 1 hungry to make as much profit in as little amount of time possible. We all know, once rates go up,they will never go down. I would think they would be on the same playing field as Idaho Power, in good water years, rates should be adjusted accordingly. Thank You, Rick Briggs " ------------------------------------------------------------------- 2