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Question: Will this cause water rates to go up for the rest of the customers of the City of Chesapeake’s water and sewer system?
Response: No. The Chesapeake City Council actually cancelled a 4.9% rate increase that was scheduled to take effect on July 1, 2017, and does not have any rate increase scheduled for calendar years 2018 and 2019. This acquisition has been evaluated through our rate model, and can be performed without any increase in system-wide water and/or sewer rates.