Water Rate, Other Charges and Billing Cycle
The following rates and charges are hereby fixed and established as the rates and charges to be collected by the Company for water services furnished by the Company to shareholders or authorized users of record.
The water bill consists of a monthly service charge, a water unit consumption charge, and a catastrophic loss fund charge (CLF) plus any miscellaneous charges that might be assessed to the account. Water consumption is measured in cubic feet. Each water unit represents 100 cubic feet or 748 gallons.
Water Rates
In 2010 Lincoln Avenue Water Company adopted a new Four Tier Water Rate Structure to promote water conservation.
New 4 Tier Water Rate Structure for One Share of Stock
|
Tier I |
Tier II |
Tier III |
Tier IV |
|
Units 1-7 |
Units 8-20 |
Units 21-40 |
Units 41 and Over |
|
Unit/Charge |
Unit/Charge |
Unit/Charge |
Unit/Charge |
|
$4.03 |
$4.76 |
$5.31 |
$5.92 |
If you are a multiple stockholder in Lincoln Avenue (own more than 1 share of stock) you will be allotted additional water units at the Tier I rate based on the number of shares owned up to a maximum 10 shares.
Shareholders with 2 shares will receive 14 units at the Tier I rate.
|
Tier I |
Tier II |
Tier III |
Tier IV |
|
Units 1-14 |
Units 15-20 |
Units 21-40 |
Units 41 and Over |
Shareholders with 3 shares will receive 21 units at the Tier I rate. Etc…
|
Tier I |
Tier II |
Tier III |
Tier IV |
|
Units 1-21 |
Units 0 |
Units 22- 40 |
Units 41 and Over |
Billing Cycle
Your water meter is read between the 12th and 15th of each month. The bill is prepared and mailed to you on the last business day of each month.
To view additional information on Lincoln Avenue Water Company Water Rates and other Charges, click on this link: