Illinois American Water announces new water rates for Peoria, Pe - WEEK.com: Peoria-area News, Weather, Sports

Illinois American Water announces new water rates for Peoria, Pekin

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ILLINOIS AMERICAN WATER ILLINOIS AMERICAN WATER

PEORIA, Ill. – Illinois American Water is reducing projected water rate increases in Pekin and Peoria after the Illinois Commerce Commission adjusted them on Tuesday.

Peoria customers using 4,500 gallons of water a month will now pay an additional $3.54 a month, with an average monthly bill of $46.38.

Meanwhile, the average Pekin customer could see a monthly rate decrease of 24 cents a month.

Illinois American Water said $342 million in infrastructure improvements was included in the rate change request that was not previously reflected in rates.

The ICC approved $35.3 million in rate increases, a reduction from the $49.5 million that Illinois American Water requested. This came after an 11-month review of the request.

Customers in Pontiac, Lincoln and Streator will also see reduced rates than expected.

The new rates go into effect Jan. 1

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