Cost of Service Analysis
Environmental
Rate
Consultants,
Inc.
(ERC,
Inc.)
is
a
very
specialized
financial
consulting
firm
comprised
of
financial
consultants,
computer
programmers
and
Business
Plan
development
and
Process
experts.
ERC
is
a
private
financial/computer
firm
with
over
50
years
of
combined
experience
in
consistently
delivering
cost
effective
and
on-time
products.
ERC's
corporate
office
is
located
in
the
Cincinnati,
Ohio
/
Northern
Kentucky metropolitan area and has a satellite office in Holland, Ohio.
ERC
prepares
a
detailed
level
of
service
and
cost
of
service
analysis
for
all
Business
Plan,
water
rate
study,
sewer
rate
study
and
storm
water
rate
study
clients.
The
cost
of
service
and
the
corresponding
user
charges
are
calculated
in
our
client
specific
rate
model.
The
rate
model
is
provided
to
the client at the end of each project. The client is then able to update the rate model and calculate their own future user charges.
Detailed Rate Model
•
Can be developed using Microsoft Excel™ or Microsoft Access™;
•
Provides new rates of charge for a minimum of five years;
•
Provides rate options for client consideration;
•
Incorporates adjustments for uncollectibles, data errors, general fund cost allocation, inflation,
senior citizen discounts and credits, if applicable;
•
Customer base growth rates and/or estimated usage rates are included and can be easily
updated with actual data;
•
A Bonds Module may be optionally added that will calculate required reserves and coverage ratios;
•
Client is able to review unlimited 'what-if?' scenarios before rates are finalized;
•
All rate model assumptions including full-time equivalent staffing calculations are provided;
•
Client may choose to order a rate model user guide;
•
Client training is included in the project cost;
•
Rate model is provided to the client at the end of the project.
The detailed ERC rate model is customized for each client. Every attempt is made to match the rate model to the client's budget and chart of accounts.
Other features of the ERC rate model are provided below:
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Cost of Service Analysis
Environmental
Rate
Consultants,
Inc.
(ERC,
Inc.)
is
a
very
specialized
financial
consulting
firm
comprised
of
financial
consultants,
computer
programmers
and
Business
Plan
development
and
Process
experts.
ERC
is
a
private
financial/computer
firm
with
over
50
years
of
combined
experience
in
consistently
delivering
cost
effective
and
on-time
products.
ERC's
corporate
office
is
located
in
the
Cincinnati,
Ohio
/
Northern
Kentucky
metropolitan area and has a satellite office in Holland, Ohio.
ERC
prepares
a
detailed
level
of
service
and
cost
of
service
analysis
for
all
Business
Plan,
water
rate
study,
sewer
rate
study
and
storm
water
rate
study
clients.
The
cost
of
service
and
the
corresponding
user
charges
are
calculated
in
our
client
specific
rate
model.
The
rate
model
is
provided
to
the
client
at
the
end
of
each
project.
The
client
is
then
able
to
update
the
rate
model and calculate their own future user charges.
Detailed Rate Model
The detailed ERC rate model is customized for each client. Every attempt is
made to match the rate model to the client's budget and chart of accounts. Other
features of the ERC rate model are provided below:
•
Can be developed using Microsoft Excel™ or Microsoft Access™;
•
Provides new rates of charge for a minimum of five years;
•
Provides rate options for client consideration;
•
Incorporates adjustments for uncollectibles, data errors, general
fund cost allocation, inflation, senior citizen discounts and credits,
if applicable;
•
Customer base growth rates and/or estimated usage rates are
included and can be easily updated with actual data;
•
A Bonds Module may be optionally added that will calculate
required reserves and coverage ratios;
•
Client is able to review unlimited 'what-if?' scenarios before rates
are finalized;
•
All rate model assumptions including full-time equivalent staffing
calculations are provided;
•
Client may choose to order a rate model user guide;
•
Client training is included in the project cost;
•
Rate model is provided to the client at the end of the project.