Cost of service analysis determines the fair and equitable rate for drinking water, wastewater, non-potable water and stormwater service. These studies investigate the actual debt retirement and operating costs for each element of the utility system.
The cost of service rate is defensible and ensures that the utility will have adequate resources to maintain proper operating levels. Cost of service developed rates meet the requirements of GASB 34.
Civil Water Solutions, LLC will assist you in determining: