Watertown Municipal Utilities raising rates for 2023  (Audio)

December 21, 2022
Mike Tanner

WATERTOWN, S.D.–Inflationary pressures have driven up the cost of a lot of goods and services over the past year, and that includes utility costs.

On Tuesday, the Watertown Municipal Utilities Board of Directors met to set their utility rates for 2023.

Director of Administration Adam Karst says the cost of electricity, water and natural gas will be going up next year, although the cost increase for electricity will apply only commercial business and industry–and not residential customers…

Karst explains why these cost adjustments were needed…

Whether it be investor-owned utilities or rural cooperatives, Karst says costs will be going up for a lot of customers…

Karst says the cost adjustments for the average residential customer in Watertown means they’ll be paying an additional $14.50 a month for electricity, water and gas.