Friday, August 1, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

EID spending another $60 million it doesn’t have

By
September 14, 2012 |

On Sept. 26, at 6 p.m., EID is holding a public meeting at its Mosquito Road headquarters to propose tens of millions of dollars of new capital spending. Ratepayers concerned about their 102 percent of water rate hikes for 2010-2015, and sewer bills double those of Folsom, should let their voices be heard.

Important Subscriber Update

We will be switching to a new online subscription service on Tuesday, August 5th. If you are already a subscriber with login access to MtDemocrat.com you will need to re-register under the new service. This will not affect your bill. Please take the time today to click "Subscriber Verification" to verify your subscription with us and continue your access to MtDemocrat.com before the new service takes over.

We apologize for the temporary inconvenience this may cause and thank you for your patience and continued support while we make this transition.

- Mountain Democrat

Subscriber Verification
Help?

With more than 120 projects being proposed, EID plans to charge more than one-fourth of the proposed new capital spending to more extra capacity for new home development. Yet EID’s existing extra capacity has been valued by EID’s Finance Director at $137 million … more than one-third of EID’s $380 million debt. Extra capacity already costs ratepayers $8 million in interest and debt service annually … adding 21 percent to current customer rates.

Rate-hike weary ratepayers further should note that from 2009-2011 EID annually sold an average of just 29,000 of their 65,000 acre feet of water … far more than 50 percent extra. Similarly, EID has wastewater treatment capacity for 31,000 homes but currently has just 21,000 sewer customers … 50 percent extra.

With 35 percent of rates already going for interest and debt service, sane minds wonder why EID is planning to raise $60 million more debt and continue its $15 million annual deficit spending … on more capital spending than is needed or affordable by EID’s current 38,000 regular ratepayers.

GREG PRADA
Cameron Park

Comments

comments

Letters to the Editor

.

News

Cameron Park house burns

By Dawn Hodson | From Page: A1 | Gallery

 
Supes delay petition

By Chris Daley | From Page: A1

Fire generated small city, inspired volunteers

By Dawn Hodson | From Page: A1 | Gallery

 
Sand Fire 95% contained

By Cole Mayer | From Page: A1

 
Two fires in town

By Cole Mayer | From Page: A3

SUV hits parked cars

By Dawn Hodson | From Page: A12

 
.

Opinion

The weekly Daley: The wrong side of history

By Chris Daley | From Page: A4

 
Billingsley’s bullets: Advice from my psychiatrist

By Bob Billingsley | From Page: A4

.

Letters

Second Amendment

By Letters to the Editor | From Page: A5Comments are off for this post

 
Pollock Pines’ Fourth of July Parade

By Letters to the Editor | From Page: A5Comments are off for this post

Water conservation

By Letters to the Editor | From Page: A5Comments are off for this post

 
Koby

By Letters to the Editor | From Page: A5

Debt reduction at EID with Coco?

By Letters to the Editor | From Page: A5

 
Time for change in CP

By Letters to the Editor | From Page: A5, 2 Comments

Olives need less water

By Letters to the Editor | From Page: A5

 
EID rate discrimination

By Letters to the Editor | From Page: A5Comments are off for this post

.

Sports

Camp draws good numbers

By Jerry Heinzer | From Page: A9Comments are off for this post | Gallery

 
New law tackles gridiron concussion problem

By Mike Bush | From Page: A9 | Gallery

Outside with Charlie: Rafting denied

By Charlie Ferris | From Page: A9

 
Racing returns with big 5-division card

By Bill Sullivan | From Page: A9

Roundup: July 31, 2014

By Democrat Staff | From Page: A10

 
.

Prospecting

Sing while you paint

By Placerville Arts Association | From Page: B1Comments are off for this post | Gallery

 
Plenty of golden fun during SlugFest

By Democrat Staff | From Page: B2 | Gallery

Things to do: Aug. 1, 2014

By Democrat Staff | From Page: B2

 
The making of a champion

By Special to the Democrat | From Page: B2

Art on the Divide is showing new exhibitor

By Art On The Divide | From Page: B3

 
‘The Flu Season’ stirs emotions

By Ovation Stage | From Page: B4

Guitar group performs in Sutter Creek

By Sutter Creek | From Page: B5

 
Time to register for classes at Center Stage

By Center Stage Dance Academy | From Page: B5

Get a groove on in Sutter Creek

By Sutter Creek | From Page: B8

 
Chris Young in concert at Carson Valley Inn

By Carson Valley Inn | From Page: B8

The music continues at Bear Valley Music Festival

By News Release | From Page: B8

 
Sacramento Museums are celebrating

By Sacramento Association Of Museums | From Page: B9

 
.

Essentials

Weather stats

By Michael Raffety | From Page: A2

 
Crime Log: July 17-19

By Cole Mayer | From Page: A2

.

Obituaries

Mark A. Smith

By Contributor | From Page: A2

 
Jeffie “Jeff” Lee Callahan

By Contributor | From Page: A2

Patsy Ruth Wing

By Contributor | From Page: A2

 
Lisa Oliver Rose

By Contributor | From Page: A2

Larry A. Randall

By Contributor | From Page: A2

 
.

Real Estate

Decorating your home by the numbers

By Marni Jameson | From Page: HS4

 
Avoiding the deal killers

By Ken Calhoon | From Page: HS4

Hilltop home views outrank water-front views

Press Release | From Page: HS7

 
Luxury home sales jump

Press Release | From Page: HS11

 
Pending home sales decrease in June

Press Release | From Page: HS13

 
Sheryl Lindroos joins American Heritage

Press Release | From Page: HS17

Sunny Rosabella exudes a warm ambiance

Press Release | From Page: HS23

 
.

Comics

.

Home Source

Decorating your home by the numbers

By Marni Jameson | From Page: HS4

Avoiding the deal killers

By Ken Calhoon | From Page: HS4

Hilltop home views outrank water-front views

Press Release | From Page: HS7

Luxury home sales jump

Press Release | From Page: HS11

Pending home sales decrease in June

Press Release | From Page: HS13

Sheryl Lindroos joins American Heritage

Press Release | From Page: HS17

Sunny Rosabella exudes a warm ambiance

Press Release | From Page: HS23