Board Of Aldermen - Minutes - 12/8/2020 - P19

Conclusions

¢ Planned rate increases cover the costs to finance the capital investments that are required
to comply with regulatory mandates and to maintain the high level of services provided by
the City to its ratepayers.

¢ Despite the increases, Nashua’s sewer charges in 2023 will still be lower than its peer
utilities charge in 2020 and well below the 2018 NH State Average Household Quarterly Bill.

¢ Nashua rates are and will remain affordable to all major household income brackets based
on EPA’s 2 percent affordability metric.

¢ Nashua is developing an IPF to further reduce the rate impacts of its required capital
investments.