US EditionJudge approves JXN Water's request for rate increase
The 12% increase aims to cover a $20.4 million annual deficit and monthly shortfall of $1.2 million, ensuring continued water service amid billing and revenue challenges.
- On Monday, U.S. District Judge Henry Wingate approved a 12% rate increase for JXN Water after months of hearings, granting the request.
- Facing a $1.2 million monthly deficit, JXN Water missed a $5 million bond payment in December and warned it could not make a $1.5 million payment due on March 1, increasing urgency.
- The ruling requires JXN Water to publish a sample bill, provide quarterly public reports on new accounts and revenue impact, open an in-person service site, and expedite billing of 4,000 unmetered properties to recover $74 million in arrears.
- JXN Water expects the average residential bill to rise from about $76 to $85, with new bills first appearing on March 23 after a 30-day advertising period. The utility anticipates roughly $800,000–$900,000 more monthly, though revenue won't be immediate.
- The judge linked the crisis to a failed Siemens contract and ordered a forensic analysis, while Horhn opposed the rate increase and urged better collections and federal fund use.
11 Articles
11 Articles
‘Tragic Catch-22’: Federal judge grants JXN Water’s request to raise rates
‘Tragic Catch-22’: Federal judge grants JXN Water’s request to raise rates JACKSON, Miss. (WLBT) – Months after Interim Third-Party Manager Ted Henifin requested it, a rate increase for JXN Water has been granted. On Monday, U.S. District Judge Henry Wingate approved JXN Water’s request for a 12% rate increase, or about $9 a month for most residential customers. Henifin said he will now begin advertising the hike, saying it will go into effect i…
Judge approves JXN Water's request for rate increase
JACKSON, Miss. (WJTV) - A federal judge granted JXN Water's request for a 12% rate increase. According to court documents, U.S. District Judge Henry T. Wingate reviewed the record and the competing proposals of JXN Water and the City of Jackson. The court found that it must grant JXN Water's rate increase effective immediately. "While [...]
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