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Yes, an electric rate hike was recently approved, but now a water one is on deck. "The Department of Water and Power wants customers to pay up to 8 percent more for water to fund millions of dollars in improvements to the utility's aging water pipes and pumping stations under a budget presented Tuesday," according to the Daily News. Under the plan, customers who fall under Tier 2 -- that means you use a lot of water -- could pay 8% more. Those who fall under Tier 1 could see a 3 or 4% increase. A 4% uptick would mean the average bi-monthly bill of $67.77 would go up $2.71.