20080326Application.pdf

ISLAND PAR WATER COMPAN, INC.
P.O. BOX 2521
IDAHO FALLS, ID 83403-2521
Email iph2oaIsn.com
.Ji?"l,t:
26 AN 8= f I
! i)l\.l''''1 ()
Marh 24,Wök!T IES
Idaho Public Utilties Commission
POBox 83720
Boise,ID 83720-0074
ISL --w-08-o(
Island Park Water Company, Inc. requests to rase the rates from $125.00 per year to a mium
of $280.00 per year because the $125.00 does not cover the expenses of the Company.
Since 2001 the Expenses have averaged $8,840 per year more than the amount collected frm the
patrons. Island Park Water ha ha to borrow money to pay the creditors.
A major expense has ben adding a new well for Shotgu, Electrical and Lab charges have been
going up. Broken water lines have been costly to repai. All wells have required a lot of repai.
We have been requested to have two water operators available. U.S. Deparent of Labor,
Bureau of Labor Statisics Data (ww.bls.gov) shows 1.239 for June of 1992 and 3.100 for June
of2007, which is a 250 % increas in labor costs. The rate of increase of the yearly rate of
$125.00 per year from 1992 to $280.00 for June 2007 is 224%.
Power cost for the wells has increaed from $3,451.00 To $15,410.00 durng this same period of
time, a 446% incrase in Power Costs.
We curently have 310 customers. $280.00 X 310 = $ 86,800.00 requested income beging
June 2008. Our biling cycle is from June 1 st to May 31 st eah year. (
f)~E~
David E. Benton
Manager
j
r
t:.ISLAND PARK WATER COMPAN, INC.
P.O. BOX 2521
IDAHO FALLS, ID 83403-2521
Email iph20(gmsn.com
MAR 26 Ali'l 8= f'
March 30,2008
SAMLE STATEMENT
NAME
ADDRESS ~L-W-òS-c)1
Reference: Shotgu Vilage Division No.
2008 Water Due
Past Due Amount
Total Amount Due
$ 280.00
0,00
$ 280.00
Payment is due by June 15, 2008 and payable within 15 days. All bills not paid within 15
days shall be considered deliquent and service may be Disconnected. A Reconnection Fee
wil cover all costs involved, including all past due amounts.
The biling year starts June 1st and ends by May 31st of the following year. Please write
your subdivision no, lot, and block number on your check. Example: Shotgun 3, lot5, blk8.
Please send us a telephone or cell number, or email where you can be reached in Island
Park, if there is a problem on the water system.
If you have any questions, please contact us at our email iph20cmmsn.com.
Please see enclosed letter with further information.
DETACH AND RETURN TIDS PORTION WITH YOUR PAYMNT
NAME
ADDRESS
Your Phone No.
Your email
Reference: Shotgun Vilage Division No.
Amount Now Due
Amount Enclosed
$ 280.00
$
Please Remit Payment to:
Island Park Water Co., Inc.
P.O. Box 2521
Idaho Falls, ID 83403-2521