DENVER — Wednesday, Oct. 11, 2023 — The Denver Board of Water Commissioners on Wednesday, Oct. 11, adopted rate changes to help pay for important upgrades, projects and ongoing maintenance and repair work to keep its system operating efficiently while keeping rates as low as good service will allow.
The new rates take effect Jan. 1, 2024, and for typical single-family residential customers who receive a bill from Denver Water, if they use the same amount of water in 2024 as they did in 2023, the new rates will increase their monthly bill by an average of $1.60 to $2.30 over the course of the year, depending on where they live.
“Denver Water is at a pivot point. These are historic times and we’ll be affected, just as the communities we serve will be affected, by climate change, population growth, variability in the economy, inflation and supply chains,” said Alan Salazar, Denver Water’s CEO/Manager who joined the organization in August.
“Water is a crucial resource that supports all of us. You can’t have civilization without it. Continuing to maintain and invest in the system that supports our water supply will ensure we — Denver Water as well as our customers — are ready for what lies ahead, while keeping rates as low as good service will allow.”
Denver Water expects to invest $1.9 billion over the next 10 years in projects that will maintain, repair, protect and upgrade the system and make it more resilient and flexible in the future. The utility is committed to ensuring the system can reliably deliver safe, clean and affordable water to its customers while mitigating the effects of the economy, from inflation to supply chain issues, on its costs.
More details on the rate increase can be found at these links:
- Water rates to rise slightly in 2024 — Provides details on Denver Water’s rate structure and how the increase impacts customer bills, including an infographic visually highlighting the impacts to customers inside and outside of Denver.
- Major investment on tap — Highlights what water rates help pay for with an overview of some of the projects that make up the utility’s 10-year forecast for an estimated $1.9 billion investment into the system that supports about 25% of the state’s population, including Colorado’s capital city. The story includes a video highlighting some of the current projects including the expansion of Gross Reservoir, the Lead Reduction Program that is replacing customer-owned lead service lines at no direct cost to the customer, the new Northwater Treatment Plant under construction north of Golden and the new water quality laboratory now operational at the National Western Center near downtown. The investment forecast also includes improving and replacing aging water mains under the streets and improving the overall flexibility and resiliency of the system and our communities.
- Since January 2020, Denver Water has replaced more than 20,000 customer-owned lead service lines at no direct cost to the customers.
- The utility in 2022 signed a Memorandum of Understanding with several water utilities across the West to reduce the use of water-intensive Kentucky bluegrass in places where it’s purely decorative, such as traffic medians.
Denver Water proudly serves high-quality water and promotes its efficient use to 1.5 million people in the city of Denver and many surrounding suburbs. Established in 1918, the utility is a public agency funded by water rates, new tap fees and the sale of hydropower, not taxes. It is Colorado’s oldest and largest water utility. Subscribe to TAP to hydrate your mind, and follow us on Facebook, Twitter and Instagram.