Aquarion Water Co., which owns and operates water systems for Oxford and Millbury, has filed for a water rate increase for its entire Massachusetts service area, its first in six years.
The company said in a press release Tuesday the need for a rate increase was driven by infrastructure investments it made within its communities, including almost $4 million in Oxford and more than $2 million in Millbury. For an average residential customer in either town, the rate increase would be about 16.7 percent, or $5.70 per month.
Since acquiring both towns' water systems in 2002, Aquarion said it has had one rate decrease and two increases. The changes are subject to approval by the Massachusetts Department of Public Utilities.
The Connecticut-based company serves 700,000 people in 55 communities in Massachusetts, Connecticut and New Hampshire. In addition to Millbury and Oxford, its other Massachusetts communities are Hingham, Hull, and North Cohasset.
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