Vermont | Setting the Right Rates for Your System
This intermediate level workshop will help ensure the financial stability of your water system while providing safe, quality drinking water at fair rates. We will focus on how systems can select rate setting objectives and match those with appropriate rate structures.
Attendees will learn how to:
1. Develop rate setting objectives
2. Determine the cost of providing water service
3. Anticipate changes in revenues year-to-year by changes in demand
4. Measure the affordability of rates for all of your customers
5. Create rate structures that promote water conservation or promote water use
This workshop is appropriate for any community water system that charges customers for water consumption. It is designed for drinking water system managers, clerks, treasurers, board members, and others who budget and/or set rates.
Cost: Complimentary. Meals will be the responsibility of the participant.
Trainer: Austin Thompson, Project Director, The Environmental Finance Center at The University of North Carolina
Contact: Allison Perch, perch@sog.unc.edu
CEUs: This course has been approved for 6 TCHs.
Who Should Attend:
• Managers, owners, and operators of small water systems serving less than 10,000 people, including local government systems and tribal systems, as well as all other types of water systems, such as: homeowners associations, mobile home parks, resorts/campgrounds, schools, prisons, and more
• Decision-makers for water utilities, including mayors, finance officers, utility managers, public works directors, city councilors, board members, tribal council members, and clerks
• Consultants and technical assistance providers serving water systems
Partners:
Resources:
Introduction and Rate Setting Objectives
Determining the Cost of Water Service
Pricing Water for Full Cost Recovery
Affordability
Dashboard Presentation
WEP Presentation