General Information
Service and recharge centers are required to update their rates annually. The rate for a particular good/service is calculated by dividing total annual costs to provide the goods/service by the total annual usage for the goods/service.
Annual Rate = Annual Costs / Total Annual Usage
The annual rate proposal consists of:
- Calculation of rates(s) charged
- Description of the goods/services being provided
- Cost estimates associated with each activity
- Usage estimates for each activity
- Explanation of methodology used to determine costs and usage
- Other attachments that support the estimates used
- A list of any recharge center costs paid from non-recharge center budgets, but not included in the rates