Chandler Receives Waterworks Rate Order
February 6, 2019
The Indiana Utility Regulatory Commission (IURC) issued an order today in Cause No. 45062 authorizing infrastructure improvements and a rate increase for the water utility of the Town of Chandler, Indiana. Jackson Kelly PLLC represented Chandler before the IURC.
Chandler requested authority to issue approximately $29,294,000 in bonds, notes, or other evidence of indebtedness. Chandler will use the funds for several important infrastructure projects, including a relocation project, the replacement of several urban water mains, and a new transmission line consisting of about 42,000 linear feet of 24-inch pipe and about 7,000 linear feet of 12-inch pipe.
The Office of Utility Consumer Counselor (OUCC), which represents consumers, raised several challenges and concerns throughout the case but the IURC ultimately sided with Chandler on nearly all of the disputed terms.
The IURC’s order authorizes Chandler to increase its rates and charges to produce additional revenues from rates of $1,342,282, a 45.51% increase in rate revenues, resulting in total annual rate revenue of $4,343,416. The order also grants Chandler a Certificate of Authority to issue additional long-term debt of $29,294,000.
Chandler's waterworks utility provides approximately 7,200 service connections serving approximately 19,512 people.
Joshua A. Claybourn is a member focusing primarily on state and local government, intellectual property, utility regulation, and commercial transactions. He practices out of the Firm’s office in Evansville, Indiana.