GIRD YOUR LOINS - Here Comes Another Increase

(09/18/2008)

If you've been worried about your gasoline costs and major proposed increases in natural gas and electric, you'd better buck-up some more. The state Public Service Commission has scheduled public hearings in October on West Virginia American Water Co.'s latest request for a rate increase. The large corporation, which now provides water to most of WV's customers, is asking for a second increase of 12.37 percent. That equals a 27% increase for 2008. A nearly 15 percent increase was approved in mid-March. West Virginia American has said it needs the rate increase to combat rising expenses and to recoup part of the $29.2 million it invested in its operations in the state last year.

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