EID by the numbers: EID proposes 4 years of rate increases
Editor’s note: This is the first story in a series that examines El Dorado Irrigation District rates, spending and debt. Two public hearings on EID’s proposed rate restructuring will be held at 6 p.m. on March 26 at the Cameron Park Community Center, 2502 Country Club Drive.
El Dorado Irrigation District’s proposed new rate structure goes on trial in Cameron Park on March 26. EID’s Board of Directors will presiding as judge and jury.
The board will also take comments on the new rates during its regular March board meeting at EID headquarters, 2890 Mosquito Road, Placerville, at 9 a.m. the same day.
Following the 6 p.m. rate hearing, the board will discuss and possibly approve a four-year package of incremental rate increases that would take effect April 1.
EID General Manager Jim Abercrombie defends the new rates as fair, modest and necessary to maintain an aging $800 million infrastructure while meeting debt service requirements.
The prosecution, led by Cameron Park resident Greg Prada and El Dorado Hills resident Jon Jakowatz, charges that the proposed water increases compound over four years to half-again last year’s rates and, coupled with 2010 increases, effectively double rates between April 2010 and January 2015.
Village Life conducted an independent analysis of the proposed rate increase’s first-year and four-year impact on typical El Dorado Hills single family residential customers, based on ... http://www.villagelife.com/news/eid-by-the-numbers-eid-proposes-4-years-...