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Loudoun Water outlines $1 billion capital program and three-year 7% rate increases starting Jan. 1, 2025
Summary
Loudoun Water officials presented their 2024 annual report, including a $1 billion capital improvement program over five years, board-approved 7% annual rate increases for 2025–2027, planned expansion of the Broad Run (Bridal Run) Water Reclamation Facility, and public outreach and cybersecurity efforts.
Brian Carnes, general manager of Loudoun Water, presented the utility's 2024 annual update to the committee on March 11, reporting a clean audit opinion for 2023, a robust capital program exceeding $1 billion over the next five years and rate adjustments the utility's board approved in December.
Carnes said the utility's board adopted a cost-of-service recommendation to raise rates by 7% each year for three years, with increases effective Jan. 1, 2025, 2026 and 2027, and to raise availability charges by 7% for the same three-year period. "Every three years we have an independent consultant conduct a cost of service and rate study ... our board approved rate increases at their December meeting of 7% each…
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