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  2. Board Of Aldermen - Minutes - 10/14/2021 - P51

Board Of Aldermen - Minutes - 10/14/2021 - P51

By dnadmin on Mon, 11/07/2022 - 07:11
Document Date
Thu, 10/14/2021 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Thu, 10/14/2021 - 00:00
Page Number
51
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__101420…

Conclusions

¢ Sewer rates need to cover the costs to finance the capital investments that are REQUIRED to
comply with regulatory permits and to avoid costly fines due to permit violations as a result
of failed infrastructure.

¢ Despite recently approved increases, Nashua’s sewer charges in 2023 will still be lower than
its peer utilities charge in 2021 and well below the 2021 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 has developed an Integrated Planning Framework to further reduce the rate impacts
of its required capital investments. This planning initiative will include all capital projects
linked to a Dynamic Sewer Rate Model to accurately forecast sewer rate increases well into
the future.

¢ No additional rate increases are proposed at this time. Rates will be reviewed annually to
determine if future adjustments are needed.

Hazen

Page Image
Board Of Aldermen - Minutes - 10/14/2021 - P51

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