Electronic Resource
Oxford, UK
:
Blackwell Publishing Ltd
Journal of the American Water Resources Association
37 (2001), S. 0
ISSN:
1752-1688
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Architecture, Civil Engineering, Surveying
,
Geography
Notes:
: When the goal of water pricing is elevated from mere cost recovery to deriving the greatest value from scarce water and associated nonwater resources, conventional rate regimes are found to be deficient. To address the challenge of creating rates that are both efficient and budget-balancing, several theoretical and practical aspects of rate-making are considered. Purposeful selection of rate parameters for a specific billing system is demonstrated to serve efficiency and cost recovery objectives. Attention to non-accounting opportunity costs is an important system element, but these costs are often not fully borne by the utility or its customers. In situations where this issue is serious, state or federal pricing policy may be necessary.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1752-1688.2001.tb03643.x
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