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§ 50.057 ELECTRIC RATES AND CHARGES.
   The monthly base rate for electric energy shall be based on the amount consumed as measured at the customer’s meter, and according to the class of customer, as follows.
   (A)   Base electric rates. The base monthly charge for electric energy shall be based on the amount consumed as measured at the customer’s meter, and according to the class of customer, as follows.
Type of Use
Amount
Rate effective
1- 1-24
Commercial and governmental - inside or outside corporate limits of Riverton
Up to 10 kwh
$12.00
Industrial and railroad service
Up to 10 kwh
$13.20
Residential - inside corporate limits of Riverton
Up to 10 kwh
$10.00
Residential - outside corporate limits of Riverton
Up to 10 kwh
$11.00
Senior citizens - inside corporate limits of Riverton only
Up to 10 kwh
9.00
Rates for usage over 10 kwh will be determined by adding the cost of the purchased electric to the cost of the per unit overhead cost as determined by the review of the audit.
Base Overhead cost
 
$.055733
 
   (B)   Purchased electricity adjustment clause. There is hereby established a purchased electricity adjustment charge, which will be automatically added to or subtracted from the rates set forth in division (A) above. The purchased electricity adjustment charge shall be calculated monthly on the tenth day of each month, and shall be the difference in cost per kwh delivered to the village delivery station as of 11-1-2007 and the cost as of the tenth day of the month in which the calculation is made. The purchased electricity adjustment charge shall be applied to all electricity metered between the day on which it is calculated and the tenth day of the succeeding month.
   (C)   Annual adjustment of base rates. Beginning in November 2008, and every November thereafter, the Utilities Committee of the Village Board shall determine, based on the most recent audit, any percentage increase or decrease in overhead expense for the Electric Department in the previous year. At a regular or special Board meeting in December 2008, and every December thereafter, the Utilities Committee shall report any such percentage increase or decrease in the overhead expenses of the Electric Department to the Village Board, which report shall be placed in the minutes of the meeting. Effective 1-1-2009, and January 1 of every year thereafter, the base electric rates established above will be increased or decreased by the percentage increase reported by the Utilities Committee, unless the Village Board by resolution determines otherwise. Should the Utilities Committee fail to report the percentage increase or decrease to the Village Board, then the foregoing base rates will be increased or decreased by the rate of increase in the Consumer Price Index for All Urban Consumers (CPI-U) as published by the U.S. Department of Labor, Bureau of Labor Statistics, for the previous calendar year, without further amendment of this chapter, unless the Village Board by resolution determines otherwise. The new rates shall be published on the village website.
   (D)   Net metering customers. The village has instituted a net metering system for customers who wish to participate in the program. Those customers must sign an agreement for interconnection and parallel operation of distributed generation with the village, and the following rate schedule shall apply to those customers:
      (1)   Each customer will be charged the actual costs of establishing and maintaining the interconnection with the village, as set forth in the agreement for interconnection and parallel operation of distributed generation.
      (2)   The village will reconcile net metering accounts each July, by reading the customer meters in the July billing cycle each year. Any usage above net zero will be billed to the customer, by dividing that net usage figure into a monthly average, and applying the monthly rate structure set out above. Payment is due from the customer in the regular billing cycle of the village.
(Prior Code, § 50G.003) (Ord. 2002-06, passed - -; Ord. 2003-003, passed - -; Ord. 2003-032, passed - -; Ord. 2004-021, passed - -; Ord. 2005-005, passed - -; Ord. 2005-010, passed - -; Ord. 2006-001, passed - -; Ord. 2008-001, passed 1-21-2008; Ord. 18-020, passed 11-19-2018; Ord. 19-019, passed 7-15-2019; Ord. 19-037, passed 11-18-2019; Ord. 20-020, passed 11-16-2020; Ord. 21-020, passed 12-6-2021; Ord. 22-023, passed 11-21-2022; Ord. 23-018, passed 12-4-2023)
Editor’s note:
   Utility rate analysis and changes became effective 1-1-2012.
§ 50.058 ELECTRIC SYSTEM TAP FEES.
   Any person, firm or corporation applying for the extension of the village distribution system to provide electric service to the applicant’s premises shall not be granted such service by the village unless and until such applicant shall pay to the village the sum of $750. Such payment shall be payable in advance and is non-returnable. The maximum length of service line to be installed at this cost shall be 75 feet from the property line and such additional lengths as are required shall be paid for by the customer at the cost actually incurred by the village for materials and labor of the additional installation. In addition, whenever a tap-on requires the crossing of a village street or a highway, there shall be a surcharge for the actual cost to the village of boring or excavating the street or highway, as the case may be. If such applicant pays the village the amount of such estimated costs, as estimated by the village and the village extends service to the applicant’s premises, and the estimate exceeds the amount actually expended, then the village shall refund to the applicant any amount by which such estimated cost exceeds the actual cost incurred by the village; if the amount actually expended exceeds the amount of the estimate, then the applicant shall pay to the village any amount by which such actual cost exceeds the estimated cost already paid.
(Prior Code, § 50G.004) (Ord. 2002-06, passed - -; Ord. 2003-003, passed - -; Ord. 2003-032, passed - -; Ord. 2004-021, passed - -; Ord. 2005-005, passed - -; Ord. 2005-010, passed - -; Ord. 2006-001, passed - -; Ord. 2008-001, passed 1-21-2008)
§ 50.059 WATER AND SEWER RATES AND CHARGES.
   (A)   The monthly charge for water delivered by the combined waterworks and sewer system of the village shall be based on the quantity of water as measured by each customer’s water meter. The charges shall be computed as follows.
      (1)   Water rates.
 
 
Residential Service
Non-Residential Service
First 1,000 gallons
$15.67
$16.13
Next 5,000 gallons
$7.28/1,000 gallons
$7.57/1,000 gallons
Next 4,000 gallons
$8.02/1,000 gallons
$8.31/1,000 gallons
Over 10,000 gallons
$8.81/1,000 gallons
$9.13/1,000 gallons
Residential rates are for residents in corporate village limits or customer that is part of Spaulding water system.
 
      (2)   Sewer rates.
         (a)   The monthly charge for sewer services shall be based on the amount of water consumed as measured at the customer’s meter, as follows.
All users, inside corporate limits of the village
   Demand charge, for availability of sewage treatment and for treatment of up to first 1,000 gallons
$19.64
   For water used in excess of 1,000 gallons
$5.78 per 1,000 gallons
All users, outside corporate limits of the village
   Demand charge, for availability of sewage treatment and for treatment of up to first 1,000 gallons of water
$21.42
   For water used in excess of 1,000 gallons
$6.61 per 1,000 gallons
Surcharge for exceptional loads. For users of the sewage system with sewage discharge concentrations exceeding 200 mg/l BOD or 266 mg/l SS, there will be a surcharge, as follows
   Per pound of BOD
$0.308 per pound
   Per pound of SS
$0.235 per pound
 
Surcharge for exceptional loads. For users of the sewage system with sewage discharge concentrations exceeding 200 mg/l BOD or 266 mg/l SS, there will be a surcharge, as follows
   Per pound of BOD
$0.308 per pound
   Per pound of SS
$0.235 per pound
 
         (b)   Minimum payment for persons who are obligated to connect to the village sewage system: all persons who are required by § 51.018 of this code of ordinances to connect to the village sewer system, but who have not done so, shall be liable to pay the demand charge of $22.05, effective 1-1-24.
   (B)   (1)   Beginning in November 2008, and every November thereafter, the Utilities Committee of the Village Board shall determine, based on the most recent audit, any percentage increase or decrease in overhead expense for the Water and Sewer Department in the previous year. At a regular or special Board meeting in December 2008, and every December thereafter, the Utilities Committee shall report any such percentage increase or decrease in the overhead expenses of the Water and Sewer Department to the Village Board, which report shall be placed in the minutes of the meeting. Effective 1-1-2009, and January 1 of every year thereafter, the water and sewer rates established above will be increased or decreased by the percentage increase reported by the Utilities Committee, unless the Village Board by resolution determines otherwise. Should the Utilities Committee fail to report the percentage increase or decrease to the Village Board, then the foregoing water and sewer rates will be increased or decreased by the rate of increase in the Consumer Price Index for All Urban Consumers (CPI-U) as published by the U.S. Department of Labor, Bureau of Labor Statistics, for the previous calendar year, without further amendment of this chapter, unless the Village Board by resolution determines otherwise.
      (2)   The new rates shall be published on the village website.
(Prior Code, § 50G.005) (Ord. 2002-06, passed - -; Ord. 2003-003, passed - -; Ord. 2003-032, passed - -; Ord. 2004-021, passed - -; Ord. 2005-005, passed - -; Ord. 2005-010, passed - -; Ord. 2006-001, passed - -; Ord. 2008-001, passed 1-21-2008; Ord. 18-020, passed 11-19-2018; Ord. 19-037, passed 11-18-2019; Ord. 20-020, passed 11-16-2020; Ord. 21-020, passed 12-6-2021; Ord. 22-023, passed 11-21-2022; Ord. 23-018, passed 12-4-2023)
Editor’s note:
   Utility rate analysis and changes became effective 1-1-2012.
§ 50.060 WATER AND SEWER SYSTEM TAP FEES.
   (A)   There is established a tap-on fee of $900 for a standard three-fourths inch service, and $1,000 for a standard one-inch service for each connection made to the waterworks system; provided, however, that, whenever a tap-on requires the crossing of a village street or a highway, there shall be a surcharge for the actual cost to the village of boring or excavating the street or highway, as the case may be.
   (B)   There is hereby established a tap-on fee of $450 for each connection made to the sewerage system.
(Prior Code, § 50G.006) (Ord. 2002-06, passed - -; Ord. 2003-003, passed - -; Ord. 2003-032, passed - -; Ord. 2004-021, passed - -; Ord. 2005-005, passed - -; Ord. 2005-010, passed - -; Ord. 2006-001, passed - -; Ord. 2008-001, passed 1-21-2008)
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