Company News

Aqua Ohio Proposes 4.2% Rate Reduction

STRUTHERS, Ohio – Aqua Ohio have proposed a 4.2% rate reduction to the municipalities it serves. If approved, the reduction will apply to bills issued between June 1 and the end of the year.

The city of Struthers, the villages of Lowellville and Poland and the Mahoning County Commissioners – on behalf of Beaver, Boardman, Canfield, Coitsville and Springfield townships – are expected to approve legislation this month.

“Generally, our rate agreements involve a process that takes several months. We use that time to get input from each jurisdiction involved before the municipalities take action,” said Aqua Ohio’s Area Manager Jennifer Johnson in a release. “Our management team and I believe that we can expedite this rate rollback process without objections. That way, our customers can realize the benefits of the cost savings starting in June.”

The rate rollback is expected to save customers nearly $330,000, Johnson added.

Aqua Ohio’s rates are established through negotiations with the municipalities. The current agreement expires in 2021 and the remaining years of the contract will be unchanged at this time, though Johnson left the door open for future proposals in the announcement.

Copyright 2020 The Business Journal, Youngstown, Ohio.