Corona City Council
October 2, 2024

Katie Hockett
Assistant Director of Utilities
October 2, 2024
2 City Council receive and file
Utilities Rate Study
Administrative Report as
prepared by RDN
• Council Workshop 1 (policy objectives) – May 1, 2024
• Council Workshop 2 (financial plan presentation) – June 5, 2024 • Council Workshop 3 (rate structure options) – July 3, 2024 • Council Workshop 4 (recommendations) – August 21, 2024 • Council Meeting to Receive Report – October 2, 2024
• Rate Hearing – November 20, 2024
• Second Reading – December 4, 2024
• Rate Implementation – January 1, 2025
3 4
Meter Size
Current
Rate FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
5/8" $27.09 $32.79 $35.75 $38.96 $42.47 $46.29
3/4" $36.46 $42.94 $46.80 $51.02 $55.61 $60.61
1" $55.18 $63.23 $68.92 $75.12 $81.88 $89.25
1 1/2" $101.98 $113.94 $124.20 $135.38 $147.56 $160.84
2" $158.13 $174.81 $190.54 $207.69 $226.38 $246.75
3" $335.95 $367.54 $400.62 $436.67 $475.97 $518.81
4" $598.02 $651.56 $710.20 $774.12 $843.79 $919.74
6" $1,505.89 $1,635.51 $1,782.70 $1,943.15 $2,118.03 $2,308.65 8" $2,629.02 $2,852.76 $3,109.51 $3,389.36 $3,694.40 $4,026.90 10" $3,939.33 $4,272.88 $4,567.44 $5,076.61 $5,533.51 $6,031.52 Tier
Current
Rate FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
Tier 1 $1.93 $1.96 $2.13 $2.32 $2.53 $2.76
Tier 2 $2.77 $3.31 $3.60 $3.93 $4.28 $4.67
Tier 3 $5.48 $4.38 $4.77 $5.20 $5.67 $6.18
Tier 4 $9.12 $5.22 $5.69 $6.20 $6.76 $7.36
Tier 5 $13.59
Meter
Size
Current
Rate FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
5/8" $8.60 $12.64 $13.78 $15.02 $16.37 $17.84
3/4" $8.60 $12.64 $13.78 $15.02 $16.37 $17.84
1" $8.60 $12.64 $13.78 $15.02 $16.37 $17.84
1 1/2" $8.60 $13.33 $14.53 $15.84 $17.27 $18.82
2" $9.74 $14.91 $16.25 $17.71 $19.31 $21.05
3" $10.81 $17.63 $19.21 $20.94 $22.83 $24.88
4" $16.76 $27.38 $29.84 $32.53 $35.46 $38.65
6" $32.74 $44.20 $48.18 $52.51 $57.24 $62.39
8" $60.29 $69.50 $75.76 $82.57 $90.01 $98.11
10" $101.72 $104.57 $113.98 $124.24 $135.42 $147.61
Note: Hydrant and fireline consumption billed at Tier 4 variable 5 Meter Size
Current
Rate FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
5/8" $23.52 $26.64 $27.70 $28.81 $29.96 $31.16
3/4" $30.81 $35.95 $37.38 $38.88 $40.43 $42.05
1" $45.39 $54.57 $56.75 $59.02 $61.38 $63.84
1 1/2" $81.84 $101.12 $105.16 $109.37 $113.75 $118.30
2" $125.59 $156.98 $163.26 $169.79 $176.58 $183.65
3" $264.13 $333.88 $347.24 $361.13 $375.57 $390.60
4" $468.28 $594.58 $618.36 $643.10 $668.82 $695.57
6" $1,175.53 $1,497.70 $1,557.61 $1,619.91 $1,684.71 $1,752.10 8" $2,050.48 $2,614.96 $2,719.56 $2,828.34 $2,941.48 $3,059.14 10" $3,071.25 $3,918.44 $4,075.17 $4,238.18 $4,407.71 $4,584.02 Tier
Current
Rate FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
Tier 1 $2.14 $2.37 $2.46 $2.56 $2.66 $2.77
Tier 2 $3.21 $2.60 $2.71 $2.82 $2.93 $3.05
Tier 3 $4.27
Tier 4 $6.41
6 Current
Residential FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
Base charge
(All Connections) $45.60 $45.46 $50.01 $55.01 $60.51 $66.56 Variable charge
(non-residential >8 HCF) N/A $5.50 $6.05 $6.66 $7.32 $8.05 7 Current
Rate FY2025 FY2026 FY2027 FY2028 FY2029
Fixed Charge, $/month
Single Family:
$0.88
Multi-Family:
$0.67
$15.90 $16.54 $17.20 $17.89 $18.61
Energy $/kWh Tier 1 Baseline $0.11808 $0.10100 $0.10504 $0.10924 $0.11361 $0.11815 Energy $/kWh Tier 2 101-130% Baseline $0.13741 $0.11100 $0.11544 $0.12006 $0.12486 $0.12985 Energy $/kWh Tier 3 131-200% Baseline $0.22696
$0.21000 $0.21840 $0.22714 $0.23623 $0.24568
Energy $/kWh Tier 4 over 200% Baseline $0.32337
Public Benefits Charge $/kWh Incl. in rates $0.00378 $0.00405 $0.00419 $0.00433 $0.00448 8 •Proposition 218 notice mailed to all
property owners and customers •Protest letters accepted by mail or email [email protected]
•Rate information available online at
www.CoronaCA.gov/rates
•Community meetings •Rate Adoption Public Hearing
–
November 20, 2024
9 Date Time Location
Thursday, October 24th 6:30 p.m. Staybridge Suites @ Dos Lagos Saturday, November 2nd 2:00 p.m. Council Chambers @ City Hall Thursday, November 7th 11:00 a.m. Council Chambers @ City Hall Thursday November 7th 6:30 p.m. Council Chambers @ City Hall • Council Workshop 1 (policy objectives) – May 1, 2024
• Council Workshop 2 (financial plan presentation) – June 5, 2024 • Council Workshop 3 (rate structure options) – July 3, 2024 • Council Workshop 4 (recommendations) – August 21, 2024 • Council Meeting to Receive Report – October 2, 2024
• Rate Hearing – November 20, 2024
• Second Reading – December 4, 2024
• Rate Implementation – January 1, 2025
10 11
City Council receive and file
Utilities Rate Study
Administrative Report as
prepared by RDN
12