Pleasant Valley Mutual Water Company
Water Rate Increase:
Dear Shareholders:
The Directors of Pleasant Valley Mutual Water Company have determined a water rate increase is needed due to the following:
1.Upcoming 8% rate increase from Calleguas MWD.
2.State Dept. of Health Services new requirement that the water delivered must be
below 1,000mg/l(ppm) in total dissolved solids,the minerals which make our water
"hard",which can only be mitigated by either a process of reverse osmosis or
dilution with additional water purchase from Calleguas.
As a result water rates will increase by $.025 to $2.40 per unit(HFC which is 100 cubic feet or 748 gallons) effective the first billing of the coming year.In addition,the bi-monthly fee will increase from $33 to $35 for single family customers and $18.50 to $19 for multi-family customers.
This increase is approximately half(50%) of what is necessary to cover the additional cost to the Company.The Board will evaluate the effect of this increase and make a determination if and/or when the remainder of the increase which is projected to be required will be implemented.
The Board also wanted clarify the purpose of the Assessment fee portion of the bill.Those monies are set aside for major maintenance items such as well overhaul and tank painting/coating,as well as system improvements like pipeline replacement.
Sincerely,
Warren Manzer
Warren Manzer,President ,Pleasant Valley Mutual Water Company
