the staff of the Ridgewood blog
Ridgewood NJ, Ridgewood Water told the council that they need to raise water rates. The utility has not raised rates in over 3 years . The utility used the Woods study which concluded that Ridgewood Water charges were low and the distribution of the charges were inefficient. Fixed charges for 5/8 meters, the meters most common in Ridgewood Households should bring in 20% of utility expenses and currently they were bringing in 16% .The increase to about 18,000 or so customers effected will be about $7.41 per quarter increase .
As many readers know in July of 2017 Superior Court Judge Perez Friscia ordered Ridgewood’s water-rate ordinance invalid and that the matter be remanded to the village so the rates could be recalculated. The ruling came after Glen Rock, Wyckoff and Midland Park, sued the utility, claiming in a class action lawsuit that Ridgewood Water inflated its costs, by comingling Village expenses and unlawfully raised its rates.
Glen Rock, Wyckoff and Midland Park sued Ridgewood Water over a 31-percent rate increase from 2010 to 2012.The suit, filed on behalf of ratepayers in 2011 . Ridgewood representatives claimed the increase was necessary for the utility to stay solvent.
In a court-ordered report that the utility had a revenue shortfall of more than $400,000 from 2010 to 2012.The report concluded that the rate charged by the village’s water utility undercharged ratepayers for 2010 and 2011.
While the report was called ridiculous and self serving .The ruling left the plaintiffs to pay their massive legal fees .