The council shall make a reasonable charge, based on the cost of service, for lighting the streets and public buildings, or for suppling heat, power, or any other utility, and a reasonable hydrant rental and other charges for suppling the city with water, and shall credit the same to the publicly owned utility supplying the service. Such rentals and other charges or light, heat, power, water and other services, shall be collected in the same manner as from other consumers, unless the council provides some other plan.