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WORK SESSION: 6:30 PM (ZOOM BY STATE) RATE ANALYSES:WATER UTILITY & SANITARY SEWER UTILITY REGULAR WAS ECA CITY COUNCIL MEETING TUESDAY, JUNE 4th, 2024, 7:00 PM AGENDA 1. CALL TO ORDER/ROLL CALL 2.
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How to fill out utility rate evaluation
How to fill out utility rate evaluation
01
Gather all utility bills for the past year.
02
Calculate the total amount spent on each utility (electricity, water, gas, etc.)
03
Determine the square footage of your property.
04
Divide the total utility expenses by the square footage to get the cost per square foot.
05
Compare your utility rate to industry standards to see if you are paying too much.
Who needs utility rate evaluation?
01
Businesses looking to reduce costs and increase efficiency.
02
Homeowners wanting to save money on utility bills.
03
Property managers wanting to optimize utility expenses for their buildings.
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What is utility rate evaluation?
Utility rate evaluation is the process of assessing and determining the appropriate rates that utility companies can charge their customers for services such as electricity, water, and gas.
Who is required to file utility rate evaluation?
Utility companies that wish to adjust their service rates must file a utility rate evaluation.
How to fill out utility rate evaluation?
To fill out a utility rate evaluation, one must gather relevant financial data, service cost information, and complete the official evaluation forms provided by the regulatory body.
What is the purpose of utility rate evaluation?
The purpose of utility rate evaluation is to ensure that utility rates are fair, transparent, and reflect the actual cost of providing services to customers.
What information must be reported on utility rate evaluation?
The information that must be reported includes detailed financial statements, cost of service studies, proposed rate changes, and any relevant supporting documentation.
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