Abstract:
Experts in the field of natural resource economics have long known the methods of valuing water, but other analysts in the field of public utility economics have failed to incorporate this knowledge in the context of pricing water services.

While many factors play into setting water utility rates, the differences between the cost of service and value of service are rarely known — even by large water utilities.

This book provides persuasive information to policymakers regarding how to value water and water utility services to various customer classes.

The book is applicable to both investor-owned and publicly owned water utilities.