The American Water Works Assn. (AWWA) released the second edition of M54 Developing Rates for Small Systems. An official AWWA Manual of Water Supply Practices, M54 includes the best practices for setting rates and fees charges for water utilities serving a population of up to 10,000.
It can be difficult for small utilities to develop a rate structure that recovers all of its costs while also being fair to customers. To address this need, M54 includes the step-by-step guidance utilities need to determine revenue requirements, analyze rates for different customer classes, develop a financial plan, and design a better rate structure, even with limited resources and data.
M54 Developing Rates for Small Systems can be purchased in AWWA’s online store.
Source: American Water Works Assn.