Denver Water is set to raise its rates beginning January 1st.

The utility company said a single-family residence using 104,000 gallons of water each year will see a monthly increase between $2.45 and $3.30. That adds up to about $30 more per year, depending on where they live.

CBS

"The work we do provides the critical water supply that the community we serve needs to thrive and grow. Continuing to maintain and invest in the system that supports our water supply will ensure that we — Denver Water as well as our customers — are ready for what lies ahead, from a warming climate to the potential for new regulations, while keeping rates as low as good service will allow," said Denver Water CEO/Manager Alan Salazar.

Denver Water expects to invest approximately $1.7 billion over the next 10

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