The 2017 Utility Fee Survey is a tool for researching what fees different utilities charge and how much they charge for each fee. I was asked why the survey doesn’t include a question about security deposits.
Beyond the obvious
Obviously a security deposit isn’t a fee because fees, by definition, are non-refundable and security deposits are refundable.
Rate increases are never popular, and the best alternative to increasing rates (which impacts all customers) is to charge equitable fees. Fees, such as an administrative fee for activating new customers or a disconnection fee for non-payment, are assessed only to those customers using the service covered by the fee.
Comparing what fees your utility charges, and how much you charge for each, to what other utilities charge is a useful exercise. Such comparisons provide a benchmark for determining if your utility is charging all available fees and if the amount of those fees is fair.
Security deposits, on the other hand, are a function of each utility’s rates, business practices, and customer usage patterns. I’ve written previously about why comparing your security deposit to other utilities is pointless. A better exercise would be to review your own business practices to find ways to reduce your days of exposure.
Complete the 2017 Utility Fee Survey
If you haven’t already completed the 2017 Utility Fee Survey, and would like to, please click here to complete the survey. It should take less than five minutes to complete.
If you have any questions, please feel free to e-mail me at email@example.com or call me at 919-232-2320.
I’m hoping for as much participation as possible in the survey, so please feel free to pass this on to your colleagues at other utilities.
Thank you in advance for your participation in the 2017 Utility Fee Survey.
North Carolina Rural Water Association presentation
If you, or any of your co-workers or board members, will be attending the North Carolina Rural Water Association Annual Conference, please be sure to attend my presentation on Improving Revenue Collections for Utilities at 8:30 am on Thursday, May 18.
Part of this presentation includes an exercise for calculating how much your security deposit should be, based on your days of exposure.
If you or someone from your utility does attend, please be sure to introduce yourselves!
Aging workforce seminar
A major issue facing management of all utilities, large and small, is an aging workforce. As more key employees approach retirement age, utilities across the country are having to face the issue of replacing the loss of institutional and operational knowledge these long-time workers hold.
Does your utility have a plan in place to deal with the aging workforce?
The Utility Management Committee of the NC AWWA-WEA, of which I am a member, is sponsoring an Aging Workforce Issues – Best Practices Panel & Luncheon seminar. This seminar, originally scheduled for last October, has been rescheduled to Thursday, May 4 from 11:30 am to 1:30 pm.
If you are located within driving distance of the University of North Carolina at Chapel Hill, I encourage you to join us. If not, you can still participate in a live webcast of the seminar.
The seminar moderator is J.D. Solomon, PE, CRE, CMRP; Vice President of CH2M. The panelists are:
- Rod Dones, Organizational Development & Learning Specialist, Charlotte Water
- Tamara Byers, Human Resources Manager, Charlotte Water
- Ed Kerwin, PE, Executive Director, Orange Water & Sewer Authority
- Matt Bernhardt, Director of Public Works and Utilities, City of Gastonia
- Courtney Driver, PE, Utilities Director, City of Winston-Salem
For more information, or to register for the seminar, please click here.
If, after completing the 2017 Utility Fee Survey, you’re wondering if your fee schedule is up-to-date, or if you need to find ways to reduce your days of exposure, please give me a call at 919-232-2320, or email me at firstname.lastname@example.org for more information about how a business review could help you review your entire office operation.
© 2017 Gary Sanders