Sewer and water rates will increase for all Oahu residents starting July 1, 2014. The Department of Environmental Services stated that both the monthly base fee and usage charge will increase by 4 percent this year. This is part of a plan approved by the Honolulu City Council in 2012 where rates will increase by 4 percent per year for the first four years, 5 percent in the fifth year and 8 percent in the sixth year. The increase will allow the city to pay for capital improvements, service debt repayments, and make upgrades to the sewer system.
The Honolulu Board of Water Supply will also be increasing their monthly flat rate charge and their usage rate charge. This is the fourth rate increase of a series of five rate increases that began in January 2012. The Board of Water Supply stated that these hikes are necessary to ensure adequate infrastructure and treatment system operations, and keep up with increases in cost for everything from fuel and materials to labor.
Source: Honolulu Star Advertiser, 6-25-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
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