Rate hikes proposed for area PSD – The Dominion Post

MAIDSVILLE — Customers of Pleasant Valley Public Service District (PSD) may soon see water rate hikes as high as 26 percent to cover delinquent bills and create a fund for future expenses.

The Morgantown Utility Board (MUB), one of Pleasant Valley PSD’s outstanding debtors, has objected to the rate hikes recommended by the state Public Service Commission, citing mismanagement, and called for an investigation.

The proposed increases follow a rate hike that took effect this summer, to offset the increased cost of water provided by MUB.

MUB spokesman Chris Dale said the money generated by the latest Pleasant Valley rate hikes will help the Maidsville utility repay more than $202,000 owed to MUB for purchased water, offset the loss of commercial customers and create a capital reserve fund, as required by a state code amendment passed in 2015.

Small said the Pleasant Valley PSD had 947 customers — households or businesses — as of June.

 

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