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08/22/2024
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08/22/2024
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Last modified
9/23/2024 2:00:27 PM
Creation date
9/23/2024 1:41:08 PM
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Meetings
Meeting Type
Workshop Meeting
Document Type
Agenda Packet
Meeting Date
08/22/2024
Meeting Body
Board of County Commissioners
Subject
Utility Rate Study Workshop
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• <br />1. Executive Summary <br />Service Call <br />4,716 <br />$85.23 <br />$90.00 <br />Meter Installation 5/8" Meter <br />1,666 <br />$130.00 <br />$570.00 <br />Service Connection <br />82 <br />$2,785.00 <br />$3,625.00 <br />Fire Hydrant Flow Test <br />New <br />N/A <br />$340.00 <br />Force Main Pressure Test & Repair <br />New <br />N/A <br />$340.00 <br />1.3.5 Customer Deposits <br />Because IRCDUS provides service prior to the receipt of payment, it carries the risk that of nonpayment for <br />services received for incurred costs. As such, most utilities require customers to pay a deposit prior to the <br />start of service or waive them based on demonstration of prompt payment history. IRCDUS currently <br />requires a deposit from customers at the time of account set up, which is remitted back to the customer <br />after demonstrated payment history or applied to the final bill balance if the account is closed prior. <br />The proposed customer deposits reflect a typical customer's water and sewer bill under the proposed rates <br />during the period between when service is provided and service would be disconnected for payment, or <br />approximately 60 days and is provided in Table 5. <br />Table 5 — Current and Proposed Customer Deposits <br />• $150 Per Equivalent Residential Unit <br />• <br />$125 <br />$100 <br />$75 <br />$50 <br />$25 <br />$0 <br />Existing Proposed <br />■ Sewer <br />■ Water <br />Appendix E presents a comparison of the current and proposed FY 2025 customer deposits described <br />herein. <br />9 <br />
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