The City of Madison is the latest Metro East community to sell its wastewater system to Illinois American Water.

The publicly traded company acquired the small town’s wastewater system for $3 million, the company announced. The sale will add roughly 1,500 customers to Illinois American’s network in the St. Louis area.

In a public notice , the city said the current monthly charge for wastewater treatment customers using 3,500 gallons of water per month is approximately $67. After the sale, the average wastewater charge for customers using 3,500 gallons will be approximately $76.

Illinois American has $9.1 million in investments planned for Madison’s wastewater operation over the next five years, including upgrades to the collections systems, lift station and the controls and se

See Full Page