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HomeMy WebLinkAbout08/09/2022 - Regular - Additional Docs-Utility RatesUtility Committee 2023-2024 Budget Water Utility Rates Discussion 08.09.2022 Note: This is intended to illustrate the project estimates and potential funding sources. Utility Rate Discussions in 2022 •May 10,2022 Utility Committee •July 12,2022 Utility Committee •July 19,2022 Finance Committee •July 19,2022 Council Work Study •August 09,2022 Utility Committee •August 09,2022 Regular Council Meeting Previously Discussed July Meetings: •Water Financial Outlook •Water Capital Improvement Program (CIP) •Rate Structure Adjustments for Conservation •Rate Setting Goals •Meet Water Obligations (Operations, Debt, Capital and Reserves) •Fund the Water Capital Improvement Program •Promote conservation of water •Increase equity among customers by adjusting rate structure •Option A: •Rates required to meet the goals and financial outlook without structural changes •Base charge increase of $2/month or $4/bi-month billing + Tier increases August Meeting: Option B:Alternative Rate Structure (strengthen conservation incentive) •Develop and present the adjusted rate structure •Better meets the rate setting goals Water Rate Structures Residential Meters Current: Base Fee ($53.50/Up to 3,000, or $81.50/Up to 5,000 of consumption per unit) + single additional meter size differential + actual consumption •Tiers are priced per 1,000 gallons Structural Changes •Meter Differential no longer factored into bill •Scenario G: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario H: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario I: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario J: Base Fee + actual consumption (No consumption included in base) 3/4 Meter Structures Base Fee 0 - 3,000 3,001- 5,000 5,001- 10,000 10,001- 20,000 20,001- 30,000 30,001- 50,000 50,000+ Current***53.50$ 81.50$ 3.65$ 3.85$ 4.05$ 4.30$ 4.60$ G 57.50$ -$ 4.50$ 4.91$ 5.35$ 5.83$ 6.47$ 7.37$ H 64.00$ -$ 4.50$ 4.73$ 4.96$ 5.21$ 5.52$ 5.91$ I 60.00$ -$ 4.50$ 4.82$ 5.15$ 5.56$ 6.06$ 6.67$ J 53.50$ 3.85$ 3.85$ 4.85$ 5.24$ 5.71$ 6.28$ 6.97$ Water Rate Structures Non-Residential ¾ Meters Current: Base Fee (Includes up to 5,000 gallons of consumption per unit) + single additional meter size differential + actual consumption •Tiers are priced per 1,000 gallons Structural Changes •Units are no longer factored into bill & Adjust Meter Differential to Industry Standard •Scenario G: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario H: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario I: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario J: Base Fee + actual consumption (No consumption included in base) 3/4 Meter Structures Base Fee 0 - 3,000 3,001 - 5,000 5,001 - 10,000 10,001 - 20,000 20,001 - 30,000 30,001 - 50,000 50,000+ Current*81.50$ -$ -$ 3.65$ 3.85$ 4.05$ 4.30$ 4.60$ G 57.50$ -$ 4.50$ 4.91$ 5.35$ 5.83$ 6.47$ 7.37$ H 64.00$ -$ 4.50$ 4.73$ 4.96$ 5.21$ 5.52$ 5.91$ I 60.00$ -$ 4.50$ 4.82$ 5.15$ 5.56$ 6.06$ 6.67$ J 53.50$ 3.85$ 3.85$ 4.85$ 5.24$ 5.71$ 6.28$ 6.97$ Meter Differential Pricing Structural Changes •Meter Size Differential will be based on the AWWA Industry Standard Methodology Meter Differential Meter Size Current G H I J 3/4 81.50$ 57.50$ 64.00$ 60.00$ 53.50$ 1 87.50$ 96.03$ 106.88$ 100.20$ 89.35$ 1.5 105.50$ 191.48$ 213.12$ 199.80$ 178.16$ 2 123.50$ 306.48$ 341.12$ 319.80$ 285.16$ 3 159.50$ 575.00$ 640.00$ 600.00$ 535.00$ 4 231.50$ 958.53$ 1,066.88$ 1,000.20$ 891.85$ 6 357.50$ 1,916.48$ 2,133.12$ 1,999.80$ 1,783.16$ AWWA Industry Standard Methodology Water Rate Impact Scenarios (illustrative only) Residential Single Family Multi-family Apartment (8 Units) Non-Residential 4 units Office Suite 12 units Office Suite School Restaurant Irrigation Other Government Other Government-Community Center 96-unit Large Commercial Residential-Illustrative Examples Bi-Monthly Bill Example Units Meter Consumption Current G H I J Winter Average 1 3/4 7,000 89$ 78$ 82$ 79$ 82$ Summer Average 1 3/4 20,000 138$ 154$ 146$ 147$ 149$ High Consumption 1 3/4 34,000 196$ 245$ 220$ 231$ 232$ Duplex-Summer Avg 2 3/4 17,500 190$ 176$ 181$ 175$ 182$ Apartment 8 1 53,500 707$ 609$ 648$ 618$ 647$ Impact-Per Bi Monthly Bill Example Units Meter Consumption Current G H I J Winter Average 1 3/4 7,000 -$ (11)$ (6)$ (10)$ (6)$ Summer Average 1 3/4 20,000 -$ 16$ 8$ 9$ 11$ High Consumption 1 3/4 34,000 -$ 49$ 24$ 35$ 36$ Duplex-Summer Avg 2 3/4 17,500 -$ (15)$ (9)$ (16)$ (9)$ Apartment 8 1 53,500 -$ (99)$ (59)$ (89)$ (60)$ Residential Illustrative Examples Residential Customers: •15% used 0-3,000 gallons and paid $53.50 or less per bill in 2021 •85% used 3,000+ gallons and paid above $53.50 per bill in 2021 Bi-Monthly Bill Example Units Meter Consumption Current G H I J Low Consumption 1 3/4 3,000 53.50$ 58$ 64$ 60$ 65$ Low Consumption 1 3/4 3,001 81.50$ 58$ 64$ 60$ 65$ Low Consumption 1 3/4 4,000 81.50$ 62$ 69$ 65$ 69$ Low Consumption 1 3/4 5,000 81.50$ 67$ 73$ 69$ 73$ Low Consumption 1 3/4 5,100 81.87$ 67$ 73$ 69$ 73$ $0 $25 $50 $75 $100 $125 $150 $175 $200 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 15,000 20,000 25,000 GALLONS Residential Illustrative Examples Current Rates Option J Non-Residential -Illustrative Examples Bi-Monthly Bill Example Units Meter Consumption Current G H I J 4-Unit Office Suite 4 3/4 7,000 326$ 76$ 82$ 79$ 82$ 12-Unit Office Suite 12 3/4 15,000 978$ 118$ 121$ 119$ 123$ School 1 3 425,000 2,068$ 3,614$ 3,101$ 3,363$ 3,427$ Restaurant 1 3/4 190,000 909$ 1,364$ 1,136$ 1,255$ 1,308$ Irrigation 1 2 422,000 2,018$ 3,323$ 2,784$ 3,062$ 3,157$ Impact-Per Bi Monthly Bill Example Units Meter Consumption Current G H I J 4-Unit Office Suite 4 3/4 7,000 -$ (250)$ (244)$ (247)$ (244)$ 12-Unit Office Suite 12 3/4 15,000 -$ (860)$ (857)$ (859)$ (855)$ School 1 3 425,000 -$ 1,546$ 1,033$ 1,295$ 1,360$ Restaurant 1 3/4 190,000 -$ 455$ 227$ 346$ 399$ Irrigation 1 2 422,000 -$ 1,305$ 766$ 1,044$ 1,139$ Non-Residential Illustrative Examples Bi-Monthly Bill Example Units Meter Consumption Current G H I J Other Government 1 6 1,687,000 8,071$ 14,256$ 12,053$ 13,180$ 13,472$ Community Center 11 3 41,000 975$ 792$ 835$ 807$ 757$ Commercial 96 3 60,500 7,902$ 927$ 947$ 931$ 887$ Impact-Per Bi Monthly Bill Example Units Meter Consumption Current G H I J Other Government 1 6 1,687,000 -$ 6,185$ 3,982$ 5,109$ 5,401$ Community Center 11 3 41,000 -$ (183)$ (139)$ (168)$ (217)$ Commercial 96 3 60,500 -$ (6,975)$ (6,955)$ (6,971)$ (7,015)$ Overall Results & Recommendation Option A: No Structural Change ~ $2.00/month increase on Base Fee’s ~$4.00/bi-monthly increase on Base Fee’s ~4% increase in Tiered consumption rates Option B: Structural Change to strengthen conservation incentive •Scenario G: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario H: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario I: Base Fee (Includes up to 3,000 gallons of consumption) + actual consumption •Scenario J: Base Fee + actual consumption (No consumption included in base) Staff Recommendation Option B: Structural Change to strengthen conservation incentive Scenario J Base Fee + actual consumption (No consumption included in base) •Achieves revenue target •Meets Department of Health anticipated conservation standards and requirements •Empowers customers to conserve water and reduce water bill •Charges for consumption while providing a stable base for the system •Modernizes billing system to be more in line with peers Questions & Discussion