The city-owned utility had initially planned six 12 percent water rate increases, two of which have already been approved.
In April, Utilities said the next two planned 12 percent water rate increases would be closer to 10 percent each and the fifth would “likely” be less than 10 percent. At the time, Utilities also said the sixth and final water rate hike may not even be necessary.
But Wednesday, Utilities CEO Jerry Forte said that both the fifth and sixth planned water rate increases – not just the sixth – may not be needed.
“It’s a little too early to guarantee that it won’t be needed at all, but that’s what we’re going to continue to push for if we can,” SDS spokeswoman Janet Rummel said.
Utilities plans to ask for two 10 percent water rate increases effective January 2013 and January 2014, but if things go according to plan, that may be it.
If the City Council approves the next two years of water rate increases, Utilities estimates that the average residential monthly water bill will be $57.28 in 2014.