(Updated 4:25 p.m.) Local wastewater management service Alexandria Renew Enterprises (AlexRenew) is still going to need that $370 to $555 million for the massive upcoming infrastructure project, but due to COVID-19 the organization is cutting down the planned utility rate increase.
“Recognizing the impact COVID-19 has had on the Alexandria community, AlexRenew has updated its previously planned budget, which included an 11% rate increase that was approved last year to support RiverRenew, a state-mandated program to address Alexandria’s combined sewer pollution,” AlexRenew said in a press release. “While an increase is still necessary to support the project, AlexRenew has reduced its rate increase to 6.6%, which will go into effect July 1.”