Pittsburgh Water and Sewer Authority customers will see their rates rise over the next four years to help pay for capital improvement to the city’s antiquated infrastructure, projected to cost $150 million over the next three years.
The board of PWSA voted todaty to approve a graduated rate increases for 2014 through 2017. The average household customer will see rates increase about $8.29 a month over three years, from $42.03 a month to $50.32 a month. Rates will rise about $3 a month for the first year, $1.94 for the second, $1.26 for the third and 77 cents for the fourth.
Larger consumers — like industrial customers — will share a larger portion of the increased burden.
The additional revenue will be used to pay down the $150 million bond issue expected to be finalized by the end of this year.