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West Virginia Water Utility Takeover | Charleston News

West Virginia Water Utility Takeover | Charleston News

Published 1 week, 3 days ago
Description

West Virginia’s Lincoln County Public Service District is facing a potential $12.9 million buyout by West Virginia American Water, aimed at stabilizing a struggling water system after a two-month boil water advisory disrupted over 2,500 customers. The deal allocates $5.7 million to pay off debts and $432,500 for engineering upgrades, with the remainder going to the county. Regulators are reviewing whether to approve the sale, which would gradually align rates with American Water’s over two years — a move that could restore reliability but also raise concerns about cost.

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