(WBBM NEWSRADIO) -- Some Indiana residents might be paying more for water.
Indiana American Water said it has filed a rate adjustment request with the Indiana Utility Regulatory Commission.
The utility said it is seeking to increase revenues over a phased, three step process through May 2025 that would result in $86.7 million of additional annual revenue when fully implemented.
Indiana American Water said if the company’s proposed rates are approved as requested, the bill for a typical residential customer using 4,000 gallons per month would increase approximately $14 per month when rates are fully implemented in 2025.
“Indiana American Water has made significant investments in aging infrastructure and its treatment and distribution facilities to ensure service reliability, water quality, and fire protection capabilities that help protect customers and the communities we serve,” said Indiana American Water President Matt Prine.
Indiana American Water provides water and wastewater services to approximately 1.4 million people.
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