20231130Algoma Water System Rate Increase Press Release 1.pdf

Case No. AWS-W-23-01
Order No. 36012
Contact: Adam Rush
Office: [phone]
E-mail: [e-mail]

NEWS RELEASE: Commission approves northern Idaho water utility’s application to increase
rates.

BOISE (Nov. 30, 2023) – The Idaho Public Utilities Commission has approved an application
submitted by Algoma Water System to increase residential and commercial rates it charges to
provide water service.

Residential customers will pay $54.00 per month, and commercial customers will pay $89.00 per
month. Algoma provides water service to 22 residential and 5 commercial customers in the
Sagle, Idaho, area. It last filed an application to change rates more than 15 years ago.

The utility said the additional revenue is needed to cover expenses and costs associated with
maintaining and operating the system. The commission noted in its approval of the application
that the change in monthly rates will allow Algoma to meet its obligation to provide safe and
reliable service while providing the utility an opportunity to earn an 11 percent return rate on
equity.

Additional information is available at puc.idaho.gov/case/Details/7027.