Monetary Mondays: Pricing of US Water Could Change!

According to the news stock piling water might be consumers new approach. I was walking to the gym the other day and I came across a locked water spigot, it looks like San Francisco business owners have taken the the protection approach. Below is a list of the water rates that I came across in the recent news. There has been an 19% rise in water prices since 2010, 7% increase over the last year in 30 major U.S. Cities.

More and more industries and businesses are beginning to focus on the fluctuations of water prices. From 2010 to 2011 their has been a price rise on average of 9.4 percent with median increase of 8.6 percent. With medium consumption begin considered 100 gallons per person per day- the rough national average for daily per capita domestic water use…. the largest problem that the U.S. has coming is water shortages.
According to the Public Utilities at Michigan State University, the amount that Americans pay for water is rising faster than U.S. inflation and faster than the amount paid to any other utility service. The newest trend with raising rates have been adding new fixed fees. For example; Las Vegas (Connection Fees), Austin (Drought fees), and Charlotte each included these fees which are not based on how much water you consume. It is common for water utilities to have a budget with 80% fixed cost and 20% variable. But at the same time the revenue stream that is the mirror opposite: 80% (based on water consumption) variable and 20% fixed (standard monthly charges). Could you image if utilities decide to restructure water prices with 80% fixed pricing  and only 20% of the price of water based on the amount consumed……. Now that is food for thought!
water price pricing use san francisco chicago baltimore boston new york city philadelphia philly columbus detroit indianapolis milwaukee atlanta charlotte jacksonville memphis austin dallas fort worth houston san antonio denver las vegas phoenix tucson santa fe salt lake city fresno los angeles san diego san jose seattle
Date Released
Location
Amount Increased
11/7/2012
24 cents per thousand for the first 6,000 gallons used.
11/12/2012
3% increase
11/8/2012
3% increase
11/8/2012
3.2% increase
11/8/2012
3.2%
11/12/2012
4% Increase
11/13/2012
4.2% increase
11/7/2012
4.3% Increase
11/6/2012
4.5% Increase
11/13/2012
4.95% Increase
11/6/2012
5% increase
11/5/2012
5% increase water rates and 2.5% in sewer rates
11/13/2013
5.3% Increase
11/12/2012
6.4% Increase
11/12/2012
6.9% Increase
11/6/2012
7% Increase
11/16/2012
7% Increase
11/13/2012
7.5% Increase
11/16/2012
9% Increase
11/8/2012
9% Increase
11/15/2012
San Antonio Water
9.9% Increase
11/13/2012
12% Increase
11/6/2012
10% Increase
11/9/2012
10% Increase
11/14/2012
10% Increase
11/14/2012
11% Increase
11/15/2012
11.3% Increase
11/12/2012
12% Increase
11/8/2012
14.6% increase
11/8/2012
15% increase in sewer and 6% water
11/14/2012
15% Increase
11/14/2012
18% Increase
11/12/2012
18.3% increase
11/8/2012
20% Increase
10/30/2012
20% Increase
11/14/2012
25% Increase
10/29/2012
25% increase over 3 year period
11/5/2012
25% increase in 2011
11/15/2012
25% Increase
11/12/2012
29% Increase
11/5/2012
30% increase
11/5/2012
31% increase 2010
11/12/2012
32% increase
11/15/2012
32% Increase
11/5/2012
35% increase in 2009
11/14/2012
38% Increase
11/15/2012
40% Increase
11/6/2012
40% increase
11/15/2012
50% Increase
11/16/2012
50% Increase
11/9/2012
53% increase in sewer   rates
11/12/2012
53% Increase
11/13/2012
55% Increase
11/6/2012
56% increase
11/6/2012
Raised rates 64% since 2006
11/16/2012
77% Increase
11/8/2012
84% Increase
11/18/2012
249% Increase
11/12/2012
300% in 10 years

4 thoughts on “Monetary Mondays: Pricing of US Water Could Change!

  1. Amazing. It appears it will be more valuable than oil!!! and we must ALL take care!!!ans wake up!!!

  2. Nice respond in return of this matter with firm arguments and telling the whole thing about that.

  3. Amazing blog! Do you have any hints for aspiring writers?

    I’m planning to start my own site soon but I’m a little lost
    on everything. Would you advise starting with a free platform
    like WordPress or go for a paid option? There are so many choices out there that I’m completely overwhelmed ..
    Any ideas? Kudos!

Thoughts?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s