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.

Possible job cuts at RBSI in Guernsey and Jersey
Guernsey students beat England's A level pass rate
Guernsey community unites out west for solar eclipse
19 months of traffic lights on busy Guernsey road
New Dean of Guernsey has Alderney connections
Guernsey's youngsters concerned by the high cost of living
A solar eclipse and meteor shower over Guernsey tonight
Average Guernsey home selling for more than £600,000