In a recent government meeting, concerns were raised regarding the significant rate increases implemented by Great River following its acquisition of the Wilco Sewer Company. Initially, after the buyout, rates remained stable at $24.10 for a year, but they have since surged to $66.50 over the past 17 months, marking a staggering 175% increase.
This rate hike has drawn attention, especially in light of the government's reported inflation rate of approximately 25% over the past four years, the highest in over 40 years. Comparatively, the sewer rate increase is seven times the inflation rate, prompting questions about the fairness and sustainability of such a rise.
Participants in the meeting emphasized the role of the Public Service Commission in ensuring effective utility services, suggesting that the dramatic increase in rates may not align with this mandate. The discussion highlighted the need for oversight and potential regulatory action to address the concerns of residents facing steep utility costs.