This year the Town raised our base rates for water and sewer. While no one enjoys higher water rates, it is necessary to upgrade our aging water and sewer system to ensure that these services remain available to our residents. To see how Cheraw’s new rates compare to other cities and towns in South Carolina please head over to the Rural Infrastructure Authority Website. Within the next few years Cheraw is expected to spend roughly 9 million dollars on water and sewer improvements. While the Town did have to raise rates we can proudly say that thanks to the work of the Mayor, Town Council, and Town staff, only a portion of that amount will have to be paid by our water and sewer customers.
In order to pay for the upgrades the Town secured:
- A Rural Infrastructure Authority Grant of $500,000
- A State Revolving Fund Grant of $1,188,000
- A second Rural Instructure Authority Grant of $187,000
- A Economic Development Administration Grant of $825,000
The remaining amount will be paid for by a loan with a low 1% interest rate, down from 1.8% thanks to efforts of the Town. This work will ensure that the Town can reliably provide water and sewer to our customers well into the future.