PWC Reduces Facility Investment Fees
Costs for Industrial Customer Connection reduced by $23,000

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The Public Works Commission of the City of Fayetteville, NC, voted Feb. 27 to reduce its existing Facility Investment Fees (FIF), a move that would offer industrial customers a $23,000 savings when connecting to the PWC system.

The decision came after a review of the fees that are charged to new users of the system to recover the cost of having treatment capacity available at PWC facilities.
“This is another effort to support our area’s economic development,” said PWC General Manager Steve Blanchard.” “Reducing the cost to connect to the system is another way to attract prospective businesses. When you combine this with PWC’s economic incentive plans, its another boost to economic development.”

In December 2001, the PWC board approved an economic incentive plan that encourages development in the downtown area and PWC service area by waiving FIF fees.

The costs for customers to connect are based on meter sizes and commercial and industrial customers using 1 ½” meters and higher will see an overall decrease in FIF fees from the current rates. The combined fees for a 5/8” meter, a typical residential meter, will stay the same. The individual FIF for water was reduced from $630 to $460 while the sewer charge increased from $500 to $670.



 

 

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