CUB TESTIMONY UNCOVERS $50 MILLION IN OVERCHARGES IN ILLINOIS AMERICAN WATER'S PROPOSED RATE HIKE
May 24, 2024
May 24, 2024
CHICAGO, Illinois, May 24 -- The Citizens Utility Board issued the following news release:
Testimony filed by the Citizens Utility Board (CUB) has uncovered about $50 million in overcharges buried in Illinois American Water's proposed rate hike, criticizing the company for seeking an excessive profit rate and charging customers millions for executive bonuses, CUB said Thursday.
The consumer group said the company's rate-hike request highlights the need for Spr . . .
Testimony filed by the Citizens Utility Board (CUB) has uncovered about $50 million in overcharges buried in Illinois American Water's proposed rate hike, criticizing the company for seeking an excessive profit rate and charging customers millions for executive bonuses, CUB said Thursday.
The consumer group said the company's rate-hike request highlights the need for Spr . . .