Principles of Water Rates, Fees, and Charges
Also Known As:
The AWWA M1-12 standard provides guidance and recommendations for financial managers, water policymakers, and rate analysts when evaluating and selecting water rates, charges, and pricing policies. The manual recognizes the evolving nature of water rate structures and the need to consider various factors such as water availability, cost of service, revenue, conservation, and affordability.
The manual is divided into seven sections, covering different aspects of water rate-making: an overview of cost-based water utility rate making, revenue requirements, cost allocation, rate design, other rate issues, capacity and development charges, and implementation issues. It provides a comprehensive framework for considering these factors and making informed decisions regarding water rates and charges.
The sixth edition of the manual introduces new developments in rate design, such as the emergence of water-budget rates, and includes updates to reflect current industry practices. The material is organized in a new structure and includes expanded chapters on system development charges, fire protection, and wholesale rates.
Edition | 6 |
Language(s) | English |
ISBN | 9781583218631 |
File Size | 6.5 MB |