By Dave Flessner, Chattanooga Times Free Press - bio
Water is processed at the Tennessee American Water Co. facility off Riverside Drive. Photo by Angela Lewis/Times Free Press
CHATTANOOGA, TN (Times Free Press) -- Thousands of Chattanooga consumers would see about a 12 percent hike in their monthly water bills instead of the 24.9 percent increase originally sought by Tennessee American Water under a proposed settlement between the company and state Attorney General Bob Cooper.
The agreement, filed late Monday afternoon, will have to be approved by the Tennessee Regulatory Authority in the company's pending rate case before it is final.
In a statement issued Monday evening to the Chattanooga Times Free Press, Cooper said, "We feel this is an appropriate settlement for consumers while giving [Tennessee American] an acceptable rate of return."
Tennessee American President Deron Allen said, "We look forward to the TRA's consideration of any such agreed resolution at the appropriate time."
Wednesday, May 22 2013 7:54 AM EDT2013-05-22 11:54:16 GMT
Several things are coming together to increase our chances for some severe weather later today. A warm, humid air mass will interact with unseasonably cool air that will be pushing through today and tomorrow.More >>
Several things are coming together to increase our chances for some severe weather later today. A warm, humid air mass already in place will interact with unseasonably cool air that will be pushing through today and tomorrow.More >>