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TENNESSEE WATER SERVICE INC. PETITIONS TO RAISE WATER RATES TO RECOUP LOSSES FROM WILDFIRES

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An East Tennessee water utility is seeking to raise the rates of hundreds of customers in order to recover costs that it claims to have lost in the November 2016 wildfires. The Knoxville News Sentinel is reporting that Tennessee Water Service Inc. has petitioned the Public Utility Commission in applying for its rates to go up. Officials with the utility say that the company has projected a net loss of over $72,000 for the fiscal year of 2017. They say it will cost upwards of $300,000 to repair the company’s infrastructure. A hearing has been requested for Oct. 23, and according to the state Attorney general, a three-commissioner panel will make the final decision in the matter.


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