Middlesex Water Files for Rate Adjustment
Since its last base rate filing in
- Construction and installation of a Granular Activated Carbon water treatment (GAC) system at the
Park Avenuewellfield facility to ensure compliance with New Jersey Department of Environmental Protection(NJDEP) regulations pertaining to perfluoralkyl and polyfluoroalkyl chemicals (PFAS);
- Replacement of aging water mains, valves, service lines and meters in Middlesex Water’s distribution system using a risk-based approach under the Company’s RENEW program, now in its 28th year;
- Replacement of approximately 25,000 feet of additional distribution mains and the related services, valves and meters (not in the RENEW area) to ensure our ongoing compliance with the New Jersey Water Quality Accountability Act (WQAA).
The WQAA includes various requirements including compliance with Safe Drinking Water Act regulations, water supply allocation permitting and operator licensing requirements, certain cybersecurity standards, hydrant and valve maintenance schedules, violation mitigation plans, and infrastructure improvement/capital investment plans.
The GAC system installed at the
“Compliance with ever increasing regulations and protecting against risks posed by climate change, new emerging contaminants and cybersecurity threats requires continual assessment of our labor resources and water distribution assets to ensure the service we provide supports public health, area fire protection and meets reliability and resiliency system requirements,” said
In two other separate filings made with the NJBPU today, the Company is seeking approval of:
- A plan to recoup the costs of replacing lead service lines pursuant to the New Jersey Lead Service Line Replacement Law.
- A Foundational Filing to implement a Distribution System Improvement Charge (DSIC) to recover costs associated with improvements to the Company’s distribution system.
The Company’s filings will be reviewed, analyzed and investigated by the NJBPU, the
If the Company’s base rate increase request is approved as requested, the residential customer using approximately 15,000 gallons of water per quarter would see their water bill increase approximately
Established in 1897,
This release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, our long-term strategy and expectations, the status of our acquisition program, the impact of our acquisitions, the impact of current and projected rate requests and the impact of our capital program on our environmental compliance. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives and other factors discussed in our filings with the
Source: Middlesex Water Company