The standing charge for both tap water and waste water services will increase above inflation.
The sole States shareholder in Guernsey Water, the STSB, has lodged the legislation with the Greffe for inclusion in the December billet.
It proposes increasing the standing charge for tap water by 4.5% and the standing charge for wastewater by 4.1%.
The usage charge for drinking water will go up by 8.8%.
The wastewater usage charge also goes up for both domestic and business customers.
Inflation in Guernsey is currently 3.3%.
The STSB is also applying to vary mooring, airport and waste dumping charges.

A total ban on disposable vapes in Guernsey and Jersey is poised to take full effect
Guernsey's Air Display to remain an early evening event
Disgraced Guernsey politician and pastor jailed for 9 years
Former Island FM and Guernsey radio star dies
Storm Ingrid halts Guernsey charity sleep-out
New plans aim to improve reliability and efficiency of Guernsey’s buses
A 3D map of the battleship Bismarck is created by a Guernsey-based company
Timeline established for government to buy Sark Electricity