The Illinois Commerce Commission approved Illinois American Water’s request for a rate increase, but at lesser amount.
Illinois American asked for a $49.5 million increase last February. Instead, the ICC approved a $35.3 million increase.
The Commerce Commission ruled some expenses the company sought to recover with rate increases were too high by more than $14 million.
Illinois American Water serves customers from far Southern Illinois to the Chicago suburbs.
The company requested a certain level for each service district. Based on the ICC ruling, the zone that includes Peoria and stretches from Sterling to Cairo will generate $29.6 million of the new revenue and Pekin will generate nearly $203,000.
The ICC approved a revenue decrease of more than 122-thousand-dollars for Lincoln.
Illinois American Water still must file new rates with the Commerce Commission to ensure compliance with the order.