Water Rate Increases 1% vs 5-25% (depending on water use)
Approximately 2/3 of the cost of providing water in Thousand Oaks is purchasing high-quality treated imported water from Calleguas Municipal Water District. The remaining 1/3 is the cost of providing and maintaining the distribution system that delivers water to individual households and businesses. This is the same for all three water providers within the City.
While the water rates of the three service providers are currently similar, the proposed increase for one of the water providers is significantly different. Excluding the cost of purchasing water from Calleguas (which is the same for all three agencies), two of the water providers, the City of Thousand Oaks and California Water Service Company, will raise rates 1% next year while California American Water Company (Cal Am) is proposing a 5-25% increase in their rates, depending on how much water you use. Each agency will also have to pass on the increase for imported water adding about 3% more to the total bill.
Cal Am is proposing significant rate hikes that do not reflect the real cost of providing services in our region. The City feels that our residents in the Cal Am area would be unfairly burdened by these higher rate increases and therefore, has been involved in opposing these rate hikes over the past year. However, attempts to resolve the issue have not been fruitful and the California Public Utilities Commission (CPUC) will be making the final decision on whether to allow the rate increase soon. For more information on the issue and to contact the CPUC, visit www.toaks.org/calamwater. Every comment counts, make your voice heard!