Regarding the proposed water rate increase, yes, Glendale Water & Power will have to raise rates because the cost of water from our supplier is going up and water resources are going down.
What Glendale Water & Power should not have done is spend our revenues on so-called smart meters. Somehow this has to be paid, and it will come from our rates.
We will always be obligated to our water supply source, the Metropolitan Water District of Southern California. However, we can control our own capital costs, and the smart water meters were a bad decision during this poor economy.
Glendale Water & Power received $20 million from the Obama administration for the electric side of the smart meters only, but they have to spend our own money for the water side.