2020 Water Rate Study information
City Council approved new residential water, wastewater, and solid waste rates at its regular meeting Tuesday.
The new water and wastewater rates come after a cost-of-service rate study was completed this summer by consultants NewGen Strategies and Solutions. The study helped determine the rates and rate structure needed to equitably fund the water utility, including all costs associated with operating, maintaining, and expanding the utility.
The new water rates include an increase of $1.50 to the average residential customer’s base rate. The change also includes reducing the number of tiers for the volumetric rate to help meet the council’s conservation goals.
For the average water user using 10,200 gallons per month, the monthly water bill will increase to $46.25 from $40.98.
The council also approved increasing residential wastewater rates, which, for residential customers, will increase to $34.85, up from $32 per month.
The new water and wastewater rates go into effect Jan. 1, 2021.
As part of the study, NewGen reviewed the costs associated with operating, maintaining, and expanding a utility and projected those costs over the next five years to determine the revenue required to cover those costs. In addition to expenses, the cost-of-service rate study also evaluated how the different types of customers, such as residential, industrial, and commercial users, used the system to make sure each type of ratepayer is paying their fair share and treated equitably.
On this page, we have provided a brief summary of the cost-of-service study results, answers to frequently asked questions, presentations and timelines, and a brief history of water rates in Georgetown.