Torontonians could see their water bills jacked by 9 per cent for the eighth straight year after the city’s executive committee adopted a recommendation to hike rates at the beginning of 2013.
City council would still have to approve the increase, which will be debated at its regular monthly meeting on Nov. 27-28.
The recommended increase is in line with a funding strategy adopted in 2005 that has seen a 9 per cent jump each year since then. The plan would see another 9 per cent hike in 2014 after which 3 per cent inflationary increases would take effect.
For the average household consuming 300 cubic metres a year, a 9 per cent hike would represent an increase of $67 to $814 in 2013 from $747 in 2012.
Even with the yearly hikes, “Toronto is amongst the lowest water cost jurisdictions for residential consumers in southern Ontario,” a Toronto Water staff report stated.
Rates in Toronto are lower than other parts of the GTA, such as Vaughan, Markham and Richmond.