Jefferson Utilities, through its founder and owner Lee Snyder, announced that it struck a deal to sell its water and sewer service operations for $30 million to West Virginia American Water, the state’s largest utility. 

The buyout plan, which the West Virginia Public Service Commission must approve, would come with potentially a minimum $8 to $12 monthly increase in service rates for the average Jefferson Utilities customer. What customers ultimately pay depends on the amount of water they use.

The average Jefferson Utilities customer pays a water bill of about $58.43, the company reported.

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