James Hunter

Tuesday, May 28, 2013

Latest SJWC Water Rate Increase

San Jose Water Company requests another rate increase!

Separate from the 44% increase San Jose Water Company (SJWC) has requested another increase based on the increased cost of water from, the Santa Clara Valley Water District (SCVWD aka "Golden Spigot").
The CPUC Advise Letter No. 450 is available on the SJWC website.

 Earlier this year SJWC requested CPUC approve a General Rate Increase A1201003 that requested an increase of 21.5% in 2013 and totaled 44% over three years. During 2013 SJWC has requested and received the following interim rate increases:

Well it seems like the lowest approved rate increase will be (5.71%+added security costs).
An interesting strategy! In sales it's called the "Salami Strategy" a little slice then a little slice now and it adds up to over 25% of the requested General Rate Increase. I hope DRA can unscramble all the "interim" increases and figure out what the ratepayers should pay!

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