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HomeMy WebLinkAboutSection III Water.pdfIdaho Public Utilities Commission Page 20 WATER Regulated water companies Company Customers Nearest city/town Algoma Water Company 27 Sand Point Aspen Creek 47 Fish Haven Bitterroot Water System, Inc. 160 Coeur d'Alene Capitol Water 2,941 Boise CDS Stoneridge Utilities, LLC 375 Blanchard Falls Water Company, Inc. 6,193 Ammon Gem State Water 547 Coeur d'Alene Grouse Point Water 24 Kuna Happy Valley Water System 27 Athol Island Park Water Company 362 Island Park Kootenai Heights Water System, Inc. 11 Kootenai Mayfield Springs Water Company 101 Kuna Morning View Water Company, Inc. 118 Rigby Picabo Livestock Company 35 Picabo Ponderosa Terrace Estates Water System, Inc. 22 Sandpoint Resort Water Company 449 Sandpoint Rocky Mountain Utility Company, Inc. 112 Rigby Schweitzer Basin Water LLC 464 Sandpoint Sunbeam Water Company 22 American Falls Teton Water and Sewer Company, LLC 297 Driggs Veolia Idaho 101,206 Boise Idaho Public Utilities Commission Page 21 THE FOLLOWING ARE PRESS RELEASES FROM THE COMMISSION FOR FISCAL YEAR 2022 SUEZ Water Idaho (now known as Veolia Idaho) Commission approves proposed settlement agreement allowing SUEZ Water Idaho to acquire Eagle Water Company The Idaho Public Utilities Commission has approved a settlement agreement that spells out the terms allowing SUEZ Water Idaho to acquire the assets of Eagle Water Company. The Commission found that the asset acquisition and settlement are in the public interest, and that customers of both utilities will benefit from the acquisition. For SUEZ customers, the acquisition allows SUEZ to prospectively avoid about $11.2 million in future water supply and other expenses. For Eagle Water customers, SUEZ represents a capable system operator with access to capital that can be invested in much-needed system upgrades. SUEZ said it plans to make $14.6 million in capital improvements in the Eagle Water system during the next five years. Improvements include interconnecting to the Redwood Creek pipeline, building a new two-million-gallon water storage tank, adding a supervisory control and data acquisition system to allow 24-hour monitoring of the Eagle Water system to better control pumping operations, addressing delayed investment in safety upgrades, security investments, well cleaning, and distribution piping replacements. SUEZ will be entitled to an acquisition adjustment amount of $10,475,000 to be amortized over 40 years beginning at the implementation of rates in its next rate case. The approved settlement agreement also directs Eagle Water to refund approximately $592,020 to existing customers of the utility. The refund is intended to offset all or part of a first-year rate increase for existing Eagle Water customers who were customers on the day the acquisition was approved by the Commission, Dec. 9. The Commission approved a seven-year phased increase in rates for existing Eagle Water customers. Beginning Jan. 1, 2022, existing Eagle Water customers’ rates will be set at 50 percent of SUEZ’s approved rates. Each year thereafter on Jan. 1, existing customers’ phase-in rates will increase by approximately 8.33 percent until their rates are 100 percent of SUEZ’s approved rates. The rate increase for existing Eagle Water customers will follow this progression: Jan. 1, 2022 – 50 percent Jan. 1, 2023 – 58.33 percent Jan. 1, 2024 – 66.67 percent Jan. 1, 2025 – 75 percent Jan. 1, 2026 – 83.33 percent Jan. 1, 2027 – 91.67 percent Idaho Public Utilities Commission Page 22 Jan. 1, 2028 – 100 percent The seven-year phase-in is only available to existing Eagle Water customers. New customers starting service or connecting to service in the present Eagle Water service territory will pay current SUEZ rates when beginning service. The Commission found the rates across the seven-year schedule to be just, reasonable and in the public interest. Because of the transaction, Eagle Water customers will receive water service that meets standards set by state regulatory agencies and enhanced customer service. SUEZ, Eagle Water, and Commission Staff signed the settlement agreement that was approved by the Commission. Other parties involved in settlement negotiations did not sign on to the agreement. For additional information on the approved settlement and the case, please visit: puc.idaho.gov/case/Details/3610. The Idaho Public Utilities Commission is holding a public workshop on Nov. 15 to share information regarding an application from Gem State Water Company to change its rates for water service. The workshop will be held from 6:00 p.m. to 9:00 p.m. Pacific Time at the Molstead Library building’s Todd Lecture Hall on the North Idaho College Campus, 1000 West Garden Avenue, Coeur d’Alene. If the application is approved by the Commission, monthly rates for customers would change based on the diameter of their water meter and the water system they belong to. For example, Spirit Lake East customers (including customers formerly of the Lynnwood Estates Subdivision, would see a monthly increase from $25.55 to $35.00. Bar Circle “S” customers (including customers formerly of Diamond Bar), would see a decrease from $41.00 per month to $35.00 per month. This is the first general rate case for Gem State Water. The utility consists of Bitterroot Water Company, Bar Circle “S” Water Company, Spirit Lake East Water, Happy Valley Water Systems, Troy Hoffman Water Corporation, Diamond Bar Estates and Lynnwood Estates Subdivision. Rate increases were approved for individual companies from 2006 through 2019. Gem State requested an effective date of Sept. 1, 2022. This was suspended by Order No. 35498, which said the proposed rate changes were suspended for 30 days plus five months or until the public utilities Commission issues an earlier order accepting, rejecting, or modifying the proposed rate changes. The rate changes would increase Gem State’s revenue by $402,000, which represents an increase of 69.9 percent. The public utilities Commission may approve, reject, or modify the proposed rates and charges and may find rates and charges different from those proposed are just, fair and reasonable. Idaho Public Utilities Commission Page 23 For more information on Gem State Water’s application, please visit: https://puc.idaho.gov/case/Details/6894.