Las Vegas Valley Water District approves water rate increase
Las Vegas, NV (KTNV) -- Many people around the Las Vegas Valley will soon be paying more for their water usage.
The Las Vegas Valley Water District Board of Directors approved a rate increase on Tuesday morning, proposed by the Southern Nevada Water Authority to pay for essential water facilities.
Beginning in January, a typical LVVWD residential customer with a 5/8-inch meter using 10,000 gallons a month will see an increase of $1.04 on their monthly bill, gradually increasing to $4.97 in 2017.
The SNWA Commodity Charge will increase by 18-cents per 1,000 gallons by 2017 for all customers; however, much of the increase is deferred to reduce the immediate impact on customers.
The Infrastructure Surcharge, which is based on meter size, will also be increased.
Capital construction projects associated with the SNWA's increasing debt of nearly $100 million over the next three years, includes a new high-tech water treatment facility, lateral transmission lines, the third intake and more.
Nearly 70-percent of SNWA's overall budget is related to capital construction projects.
The Las Vegas Valley Water District is the water provider for customers within the City of Las Vegas and areas of unincorporated Clark County.