Saanich’s wholesale water rate could go up nearly two per cent next year if the Capital Regional District’s board of directors approves the current proposal from the Regional Water Supply Commission.
Saanich purchases its water at a wholesale rate from the CRD and sets its own price to cover the infrastructure cost of supply and maintenance. The raise would bump the CRD’s wholesale price to $0.64 per cubic metre (220 gallons), while Saanich charges $1.52 per cubic metre to its residents.
The price increase is part of the 2016 budget process and won’t be in front of the CRD board until March, at which time the 1.93 per cent increase, if approved, would take effect retroactively for Jan. 1.
The increase in the wholesale water rate should equate to an annual increase of approximately $2.84 per household, the CRD said.
Feedback on the proposed 2016 water rate increase can be provided via email at email@example.com.