The Denver Board of Water Commissioners (Denver Water Board) adopted water rates for 2012 including a 5.5% increase for all Master Meter Distributors effective with billings on and after January 1, 2012. The Consolidated Mutual Water Company (Consolidated) is a Master Meter Distributor of the Denver Water Board and will continually strive to keep its rates as low as possible despite rate increases adopted by the Denver Water Board.
The Company's water rates are set as low as good
service will permit, but sufficient to pay for operation, maintenance, debt
service, depreciation, insurance, taxes, and the development of reserves for
capital improvements. Effective with all billings on and after February 1, 2012,
the rate charged for all water delivered will remain unchanged at $4.30 per
thousand gallons (previous rate was $4.30) and all billings shall also include
a bi-monthly fixed customer service charge which will also remain unchanged
based upon meter size in accordance with the following schedule (previous rates
are shown in parentheses for making comparisons):
| Meter Size | Bi-Monthly Customer Fixed Service Charge |
Minimum Shares Required |
|
| Current | (Previous) | ||
|
5/8" Displacement |
$31.50 |
($31.50) |
5 |
|
3/4" Displacement |
39.00 |
(39.00) |
5 |
|
1" Displacement |
54.00 |
(54.00) |
10 |
|
1-1/2" Displacement |
91.50 |
(91.50) |
15 |
|
2" Compound |
136.50 |
(136.50) |
25 |
|
2" Turbine |
166.50 |
(166.50) |
30 |
|
3" Compound |
256.50 |
(256.50) |
50 |
|
3" Turbine |
354.00 |
(354.00) |
65 |
|
4" Compound |
391.50 |
(391.50) |
75 |
|
4" Turbine |
954.00 |
(954.00) |
180 |
|
6" Compound |
766.50 |
(766.50) |
145 |
No combination or aggregation of charges for service to a customer through two or more meters shall be made.
FIRE LINE CONNECTION BILLING SCHEDULE
(Effective February 1, 2012)
Effective with all billings on and after February 1, 2012, the bi-monthly customer fixed service charges for fire line connections shall be in accordance with the following schedule (previous rates are shown in parentheses for making comparisons):
| Fire Line Connection Bi-Monthly Customer Fixed Service Charges |
||
| Size | Current | (Previous) |
| 2" | $35.00 | ($30.00) |
| 3" | 45.00 | (40.00) |
| 4" | 55.00 | (50.00) |
| 6" | 65.00 | (60.00) |
| 8" | 85.00 | (80.00) |
| 10" | 105.00 | (100.00) |
| 12" or Larger | 125.00 | (120.00) |
SHARE COST FOR NEW STOCKHOLDERS - USERS
The Board of Directors has established the selling price of capital stock to assure that much of the cost of new water resource development is passed on to new customers creating the demand. Effective February 1, 2005, the stated selling price of capital stock is $2,200 per share (previously $1,800), or $11,000 per five-share unit (previously $9,000).
Effective February 1, 2009, new taps on the Maple Grove Water Supply System will be assessed a Water Development Fee of $1,800 per share (previously $1,300), or $9,000 per five-share unit (previously $6,500).