DWP lays out needs

A year after a bruising political battle over rate hikes, the Department of Water and Power is preparing to push for another series of increases that would boost bills by more than 15 percent over three years. Daily News.

DWP General Manager Ron Nichols on Tuesday detailed a proposal that would use dramatic increases in water and power rates to fund the utility's long-term needs.

The proposal would increase water rates by 4.2 percent and power rates by 6 percent by Nov. 1. By 2014, water rates would have to jump by 15.3 percent and power rates by 16.8 percent.