Town to double water, sewer rates?

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Deep River homeowners could see their water and sewer rates more than double over the next 10 years, according to a new consultant’s report.

The report, by Watson & Associates Economists, projects that the town’s combined water and sewer rates will have to increase from $1,111.90 this year to $2,432.91 by 2030.

Rates would begin to climb by 13 per cent, or $145, in 2021 and another 13.2 per cent, or $165, in 2022.

Increases in the years following would range from a low of $110 to a high of $137, each year from 2023 to 2030.

The higher rates would be needed in part to offset an estimated $17 million in projected capital spending.

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