(Pixabay.com)

Summerland utility rates to increase

Water rates to rise by five per cent, sewer by 3.5 per cent and electrical by 4.4 per cent

Utility rates in Summerland are about to increase.

At the municipal council meeting on Dec. 9, council gave first three readings to bylaws to raise water, sewer and electrical rates in the community.

Under the bylaws, water rates will rise by five per cent, sewer rates will increase by 3.5 per cent and electrical rates will increase by 4.4 per cent.

READ ALSO: Increases recommended for Penticton utility rates

READ ALSO: Summerland utility rates to increase

The increases mean property owners can expect to pay an average of $147.31 more for their utilities next year, assuming their consumption remains unchanged.

Water rates are expected to account for $37.63 of the increase. Sewer rates are expected to rise by $13.81. Electrical rates are expected to increase by $95.87 a year.

The residential rate changes also include the removal of the residential tiered billing system, which will be harmonized into one rate effective Jan. 1, 2020.

In a report to council, David Svetlichny, director of finance for the municipality, said it is importance to increase the community’s capital reserves.

The reserve levels for Dec. 31, 2019 are estimated at $6.8 million, but the replacement cost of all utility infrastructure is $364.6 million.

“Although strides have been made over the years to increase utility reserves, significant investment is still needed in order to support the long-term needs of the community,” he said.

While water and sewer budgets did not require operational increases, Summerland’s electrical utility required a 0.9 per cent operational increase, since Fortis is increasing its rates by one per cent.

To report a typo, email:
[email protected]
.



[email protected]

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

COLUMN: Extending Employment Insurance sickness benefits

One of the challenges, with so many different events occurring in Ottawa,… Continue reading

Campaign promotes Syilx/Okanagan language and culture

To support initiative, Nsylixcen t-shirts and water bottles are being distributed across Okanagan

Interior Health leading the way with innovative therapy for stroke patients

Percentage of ischemic stroke patients who received treatment has risen dramatically

The marrying of magic and dance – Celtic Illusion

Tickets still available for the Celtic Illusion show which starts at 8 p.m. this Saturday at SOEC

Gauthier will Bring Home the Noise for Children’s Showcase

Zac Gauthier is coming the Cleland Theatre and will Bring Home the Noise on March 8.

VIDEO: Wet’suwet’en supporters vow to keep protesting at B.C. legislature

Supporters say they will continue ongoing action to hold government accountable

VIDEO: Province promotes ‘lifting each other up’ on 13th annual Pink Shirt Day

Students, MLAs, community members gathered at B.C. Parliament Buildings Wednesday

Prepare for new coronavirus like an emergency, health minister advises

About 81,000 people around the world have now become ill with COVID-19

B.C. residents in Wet’suwet’en territory have right to police presence: Public Safety Minister

Nevertheless, Bill Blair said officials remain ‘very anxious’ for the barricades to come down

Winnipeg police investigating graffiti on RCMP and other buildings

Manitoba Justice Minister Cliff Cullen denounced the vandalism

B.C. seniors’ watchdog calls for better oversight after recent problems at Retirement Concepts care homes

‘There is no financial incentive right now to be a good operator’ - Isobel Mackenzie

Volunteers share amazing memories of Vancouver Olympic games

A decade ago this month, Vancouver hosted the 2010 Winter Olympics. Approximately… Continue reading

Trucking company fined $175K for Kootenay creek fuel spill

Decision handed down last Friday in Nelson court

B.C. city rebrands with new logo, cheeky slogan

‘Langford, where it all happens’ is the City’s new slogan

Most Read