LOS ANGELES: ‘ Residents could see Water-Rate Increase every Year for Five Years to Replace Ageing Infrastructure ‘

#Ace​Finance​News​ – LA:July.08: Los Angeles residents would see a water rate increase of 2.4% to 3.5% every year for five years in order to replace aging infrastructure, meet conservation mandates and upgrade customer service under a plan announced today by the Los Angeles Department of Water and Power.

The rate increase plan, which requires approval by the L.A. City Council, would hit heavy water users harder than residents who use less water, part of a larger water conservation strategy amid California’s drought.

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