Project Description
COST OF SERVICE AND RATE STUDY
STRADA assisted an Alabama water utility in evaluating their existing customer base, customer demand, cost-of-service, and rate structure. We evaluated the data with the intent of identifying ways our client could modify their rate structure to cover ever-increasing costs without inequitably affecting their customers. Our work included:
On this project, STRADA oversaw the following:
- Collecting and analyzing customer data
- Estimating annual revenue requirements
- Allocating annual expenses
- Calculating and evaluating cost-of-service
- Developing an equitable rate structure
- Preparing a cost-of-service and rate study report
