AlexRenew Proposes Second Rate Adjustment to Fund Alexandria’s Clean Waterways Future
AlexRenew is proposing to implement a sewer rate adjustment over the next two years to help fund its mandated RiverRenew program, which requires completion by July 1, 2025. The adjustment will also support upgrades at our wastewater treatment facility to clean wastewater 24/7/365 and manage additional wet weather flows delivered as part of RiverRenew.
This investment in Alexandria’s clean water future requires AlexRenew to increase existing wastewater treatment rates by 6.9 percent on July 1, 2021, and by 6.5 percent on July 1, 2022. An average residential customer may see a difference of about $4 per month for each of these increases, or an average increase of about $50 per year.
This is the second rate increase in support of RiverRenew. Future additional rate increases are anticipated until 2026 to pay for RiverRenew program debt.
Federal and state low-interest water loan programs were used to secure debt financing for RiverRenew. These programs offer very low interest rates, helping to reduce the rate increases projected at the start of the program.
The $615 million RiverRenew program is the largest infrastructure project in Alexandria’s history and will prevent millions of gallons of combined sewage from polluting the Potomac River, Hunting Creek, and Hooffs Run each year. This will create safer, cleaner, healthier waterways for the community, wildlife, and future generations. Implementation of this historic program is a direct extension of AlexRenew’s vital mission to manage wastewater and keep the community healthy through healthier waterways. Learn more about RiverRenew here.
Estimate Your Rate
Visit alexrenew.com/estimate-your-rate to see how much you will be billed based on your meter reading.
AlexRenew will host a virtual public hearing on Saturday, May 22, 2021, starting at 9:30 a.m. to receive public comment on the proposed rate adjustment. Interested parties may register for the public hearing in advance here: https://zoom.us/webinar/register/WN_CJ0e7HIjQFOkP5YtAYWMSA.
Check out our Frequently Asked Questions section for additional information. If you don't see your question addressed there, please contact the RiverRenew team directly at AskRiverRenew@alexrenew.com.
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