Your revenue funded service. The commission has only taken action on phase i, but we have included in all of our projections here if there were an approval on phase ii and phase iii just so you know phase ii and phase iii are included in our cost projection. Heres the combined story. The combined story again is water and sewer together, the rate changes once you look at both of them combined are going from what we had told you last year of right around 10 percent to between 10 and 12 percent a year. Again we will bring these rate changes back to you in the next 2 to 3 years once we have our retail cost of Service Study and in the interim period between now and then we will work on bringing these rate changes down as much as we possibly can. That was the rate side this is the bill side. Again, the average bill is projected to be slightly lower in 19 and 20 because of that reduced usage. We do show 20 years, weve gotten some questions over time about what happens in year 11 and year 12 i
Have gone up by 2 to 3 percent each year. Here is the average bill, the pronouncement again is much smaller again because water consumption assumption has gone down. Interesting again just the components of the sewer bill. You have your 24 7 operations, your revenue funded service. The commission has only taken action on phase i, but we have included in all of our projections here if there were an approval on phase ii and phase iii just so you know phase ii and phase iii are included in our cost projection. Heres the combined story. The combined story again is water and sewer together, the rate changes once you look at both of them combined are going from what we had told you last year of right around 10 percent to between 10 and 12 percent a year. Again we will bring these rate changes back to you in the next 2 to 3 years once we have our retail cost of Service Study and in the interim period between now and then we will work on bringing these rate changes down as much as we possibly
The average bill goes down. You will see in the far right column compared to 3 years ago and the second to the right column compared to last year folks are using between 5. 2 and 5 1 2 units per month, that has translated into lower costs for them. Thats an important point to make. Even though there are higher rates that were projecting in later years, that is currently being offset with lower useusage. I have a question on that. So the refunding of the bonds thats going to happen, will that affect these numbers yet again . We have included an assumption. The actual data from the actual sale will firm those numbers up but we have included an assumption in here on that. This just shows that over time, 24 7 operations and revenue funded capital and debt service is trending up, but debt service is the larger contributor in terms of the growth of the cost of the average water bill. Thats the top piece of this chart. Wholesale, as i mentioned whole sale customers, we sent them a letter in j
Phase iii just so you know phase ii and phase iii are included in our cost projection. Heres the combined story. The combined story again is water and sewer together, the rate changes once you look at both of them combined are going from what we had told you last year of right around 10 percent to between 10 and 12 percent a year. Again we will bring these rate changes back to you in the next 2 to 3 years once we have our retail cost of Service Study and in the interim period between now and then we will work on bringing these rate changes down as much as we possibly can. That was the rate side this is the bill side. Again, the average bill is projected to be slightly lower in 19 and 20 because of that reduced usage. We do show 20 years, weve gotten some questions over time about what happens in year 11 and year 12 in our 10 year 12 so we show 20 years of future horizon on this chart. Can i i have a question on that. You know weve been talking a little bit about storm water fees, poten
You have your 24 7 operations, your revenue funded service. The commission has only taken action on phase i, but we have included in all of our projections here if there were an approval on phase ii and phase iii just so you know phase ii and phase iii are included in our cost projection. Heres the combined story. The combined story again is water and sewer together, the rate changes once you look at both of them combined are going from what we had told you last year of right around 10 percent to between 10 and 12 percent a year. Again we will bring these rate changes back to you in the next 2 to 3 years once we have our retail cost of Service Study and in the interim period between now and then we will work on bringing these rate changes down as much as we possibly can. That was the rate side this is the bill side. Again, the average bill is projected to be slightly lower in 19 and 20 because of that reduced usage. We do show 20 years, weve gotten some questions over time about what h