The two-year Residual Line Project began in March.
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River Road will be closed to traffic from Zorn Avenue to Blankenbaker Lane.
The company said the move to raise rates is an effort to help offset increased costs to keep the city's drinking water clean.
The Louisville Water Company has been working on a one-year, $16 million construction project to replace water mains near the Crescent Hill Water Treatment Plant on Frankfort, Stilz and Reservoir avenues.
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It's part of the year-long Frankfort Avenue Main Replacement Project that has crews replacing critical water mains near the Crescent Hill Water Treatment Plant.
"I’ve worked here for over 30 years, and this is one of the biggest valves we’ve put in."