DOVER – The Public Service Commission (PSC) approved the settlement of Tidewater Utilities, Inc.’s (“Tidewater”) water rate case on July 2, 2025. As a result of the settlement, Tidewater customers will see a rate increase of 13% and an increase in fixed monthly charges of 5%. For an average residential customer this will mean an increase of roughly $8 per month.
Tidewater filed its rate case on August 30, 2024, initially seeking an increase in its revenue of $10.3 million (or a 25.66% increase). Tidewater’s rate case was its first request to increase base water rates in ten years.
Through the settlement, the amount of the overall rate increase was reduced from Tidewater’s initial request of $10.3 million to a final settlement of $5.5 million, lowering by millions the impact of the ra