Utility rates are set and approved by the Stillwater Utilities Authority trustees.
As stewards of the public trust, one of our core principles is to conduct our operations in an open and transparent manner. When looking at rates, the City considers the following
Having sufficient financial resources and ability to fund continued operation, maintenance, and construction of high-quality and essential electric, waste collection, water and wastewater services
Ensuring facilities are run in an economical and equitable manner
Meeting the demands of its customers without compromising the ability of future generations to meet their own needs
The City of Stillwater is a cost-of-service driven utility. This includes all the direct costs involved in running or performing services, which may include equipment, maintenance, construction, expansion, and more.
Our goal is to ensure that we are continually working towards developing and maintaining cost-of-service rates that are equitable for all of our customers.
Avant Energy conducted a cost-of-service and rate study for electric, water, wastewater utilities. This is the first rate study for electric since the 1980s. Water and wastewater have had two rate studies in the past 10 years.
Goals:
Move rates towards cost-of-service
Limit rate increases to the extent possible
Drawdown cash balances as an alternative to rate increased when possible
Set rates that allow each utility to be financially stable
Set rates that are competitive with SUA’s peers.
NewGen Strategies and Solutions conducted a rate study for Waste Management services. This is the first rate study performed by a consultant. Prior rate studies have been conducted by City staff.
Goals:
Determine the cost of providing solid waste services
Equitably distribute the costs to the appropriate customer classes
Design rates to safeguard the financial integrity of the utility
2019-2020 Citizen Recycling Task Force:
Visit the task force’s Speak Up Stillwater page for meeting recaps, documents and background about Stillwater’s recycling program and its rates.
Content last updated, 8/12/2022
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723 S. Lewis St. Stillwater, OK 74074 |
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