Piqua Commission to Consider Utility Rate Adjustments Following Cost-of-Service Study
Information from the City of Piqua

PIQUA - Piqua City Commission will consider three proposed utility rate adjustments at upcoming public meetings, with the first reading scheduled for Tuesday, April 7. The meeting begins at 5 p.m. at the Municipal Government Complex, 201 W. Water St.

 

   The proposals include tiered adjustments to electric, water and wastewater rates based on findings from a recent cost-of-service and rate study conducted for the City by Sawvel & Associates and concurrent City review. 

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   The study evaluated operational needs, capital investment requirements and financial policies — including Commission-approved reserve targets — to determine whether current rates are fair, equitable and aligned with the actual cost of providing service. As part of its regular financial oversight, the City also reviews enterprise fund performance, cash reserves and rate structures to ensure long-term system reliability and affordability. 

 

   After reviewing the proposed rate adjustments, the Energy & Utility Board — a citizen board that advises the City Commission on how Piqua’s municipal power and utility systems are operated, managed and maintained — unanimously recommended approval of the changes.