Aquarion Water Company announced Thursday that it will begin crediting Connecticut customers at a rate of 5.6 percent on each billing statement over the next three years.
It comes as the result of a federal tax rebate. According to the water company, customers will receive a total of $29 million in credit over the next few years.
Aquarion will also delay its next general rate increase, the company said Thursday.
“While we are lowering water bills for our customers, we will continue to make prudent investments to improve and maintain the integrity of our system’s infrastructure,” Aquarion President and CEO Charles Firlotte said in a statement Thursday. “Customers should also continue to employ water conservation measures. While their water bills are lower, the overall water supply is still finite and it is more important than ever to conserve it.”
