FINANCIAL BID

reduce Inflow and Infiltration, which will reduce the volume of wastewater delivered to the Somerset Raritan Valley Sewerage Authority and help stabilize treatment costs.

New Jersey American Water is committed to an annual replacement and rehabilitation plan for the Borough’s sewer mains that strengthens the system and supports ongoing redevelopment in the Borough, while reducing Inflow and Infiltration. Under New Jersey American Water ownership, the necessary capital improvements and operational expenses can be spread over a large state-wide customer base, limiting the immediate impact upon Borough residents. If the Borough were to maintain ownership of the system and commence the necessary capital improvements that a nearly 100-year-old system demands, Borough residents would shoulder that burden alone and their wastewater rates would increase drastically.

A comparison of rates should the Borough decide to sell to New Jersey American Water versus keep the system under Borough ownership and undertake 50 percent of the capital investment proposed by New Jersey American Water is presented in the following chart. We strongly believe that by partnering with New Jersey American Water, Borough residents will be assured of a strong and resilient wastewater system capable of handling the demands of your diverse and thriving community at significant savings over time compared to what Borough rates would need to be.

Chart: Rates Projection | Somerville Wastewater. Select the chart to open a larger view of its labels, annotations, and footnotes.