What is "rateable value"? If you don’t currently have a water meter installed at your home, then your water bill is determined by a rateable value of your property, and has nothing to do with the amount of water you actually use. ...
The customers pay a rate regardless of their consumption. This rate can be uniform, or differentiated with respect to the customer’s characteristics, e.g., the rateable value of the property being served. The expenditure, average expenditure, and marginal expenditure functions are...
At the present time in England and Wales about 37% of homes are metered, the rest mostly pay based on the rateable value of the home. Consumers can switch to a metered bill if they wish, and in areas where water bills are high, such as the south-west, this has resulted in about ...
Thus, each household would not pay for the first 6kl each month (later increased to 9kl and, from July 2016, dependent on the rateable value of the property). Tariff blocks above and beyond this free basic allowance increased progressively so that households might be encouraged to conserve ...
According to Environment minister Phil Woolas, charging for water is based on the 1970s rateable value of homes.Milne, RogerUtility Week
Meter readouts often take place on an annual or monthly basis, in order to estimate the domestic water bill. Non-metered customers are charged an amount that is proportionate to the rateable value of the property [22]. This results in an annual flat rate that does not take into ...