As Kentucky American Water expands its business, there should be little impact on customers in Lexington. But, by serving new communities, company president Cheryl Norton thinks they can better hold prices steady. “It’s unlikely that they would go down..what we would hope to do is stabilize the rates..because we continue to invest 20 to 25 million dollars each year in renewing the infrastructure that’s already in the ground..so there’s a continual investment which drives additional rates,” said Norton.
Despite indications of a dry summer, the boss at Kentucky American Water says water supplies should be stable. In 20-10, the utility put a new water treatment plant in Owen County on line. At the time, officials said the facility would provide a steady supply of water during times of drought. Plus, thanks to water conservation, President Cheryl Norton says there’s less demand for water.
“If you go back to that initial case..if you look at the demand studies…we said there would be some decrease in demand by each customer…between the new plumbing fixtures..and just the smaller family sizes..we anticipated that that would go down a little bit,” added Norton.
Norton spoke this week with Lexington council members. She says wintertime demand was down because boilers didn’t work as hard heating buildings and there was no need to hose away the road salt that accumulates in parking garages. Lately, though, with warmer weather, there’s been an uptick in demand for water.