The Placer County Water Agency approved a two-stage double-digit increase in water rates at its meeting Thursday.
As a result of the 5-0 vote, customers in the agency's Zone 1 area will see a 9.1 percent increase in 2014 and a 3.7 percent increase in 2015. The rate hike was largely based on a sharp increase the agency will pay to acquire water from Pacific Gas and Electric Co.
The rate hike affects 32,000 customers in an area northeast of Roseville through Auburn. Additionally, as a bulk water customer, the city of Lincoln is expected to pass along at least some of its additional costs to its residents.
Under an agreement still being finalized with PG&E, the agency water bill from the publicly traded utility will increase from $200,000 for as much as 100,000 acre-feet of water to $3 million in 2014 and $4 million in 2015.
Call The Bee's Ed Fletcher, (916) 321-1269. Follow him on Twitter @newsfletch.