Financial Information
Recharge Rates
UK uses electricity, fuel (natural gas, fuel oil, coal), domestic water, and sewer to generate high pressure steam and produce chilled water. All other services are only distributed.
In order to create a flat monthly overhead rate, chilled water and steam rates are calculated yearly and adjusted as necessary on a semiannual basis. All other commodities are naturally adjusted on a monthly basis using their respective utility bills.
FY 21-22 OH % & Recharged Rates
Steam: $15.92 rounded up to $16
Chilled Water: $16.01 rounded down to $16
Electricity: 26.50%
Natural Gas: 3.00%
Water: 10.75%
Sewer: 11.00%
August 2021 Recharged Rates
Steam: $16
Chilled Water: $16
Electricity: Loop - $0.084612/kwh & Misc - $0.1452/kwh
Natural Gas: Loop - $6.3032/mcf; Plant - $3.0285/mcf; Misc - $14.10/mcf
Water: Loop - $0.04935829/ccf; Misc - $0.06250/ccf
Sewer: Loop - $0.08248675/ccf; Misc - $0.09483/ccf
Click here to view the recharge rate methodology (login required).
Budget
Commodities - $33M
Operations & Maintenance - $22M
Labor & Benefits - $7M
Large Capital Expenses are funded outside of UEM Operating Budget (i.e. Plant Expansion)