Notice of Proposed Rate Increase
The South Plains Water Supply Corporation Board of Directors have implemented the attached rate increases.
The current water system requires significant investment to address water quality issues and the lack of maintenance by the current owner. The Board has been working with the Texas Water Development Board (TWDM) to secure $3 million in funding to address the water quality issues. The TWDB has agreed to provide the funds once the South Plains Water Supply Corporation (SPWSC) takes ownership of the system from the current owner and presents a financial plan to operate and maintain the system in compliance with all regulations.
The proposed rate (see attached) are necessary to ensure sufficient funding for maintenance, regulatory compliance, and financial stability. These adjustments are essential for addressing water quality issues and ensuring a more reliable water supply system for our community.
For details, please refer to the Water Utility Tariff Table.
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