BWL Commissioners Pass Pilot Rate Increase - WLNS TV 6 Lansing - Jackson | Your Local News Leader

BWL Commissioners Pass Pilot Rate Increase

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UPDATE 5:50p.m.: The Board of Water and Light commissioners have approved the rate increase in a vote.

Lansing BWL Commissioners approved PILOT Increase to 6.1 percent, generating $4million for the city, but it puts more pressure for possible rate increases.

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LANSING, Mich. (WLNS) - Board of Water and Light commissioners are expected to make a vote Tuesday that could change water and electric bill rates for next year.

 

The decision comes in part from trying to answer how Lansing will climb out of their 2013-14 budget deficit.

BWL board of commissioners are scheduled to vote on whether to pass a 1.1 percent increase in their return on equity to the city. Currently, it's at 5 percent and after approving a similar request last year, Sandy Zerkle says if the board approves this, it very well could mean a increase in utility rates.

"Somehow, we have to come up with that money and we are already in a negative in a couple of our services, like our chilled water and our steam," said Zerkle.

Nick Perreault has been following this story and will have more on 6 News at 11.

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