The cost of water and water markets in Southern California, USA.

Book Title: NA
Year Published: 2007
Month Published: NA
Author: Hamer, W. G.
Book Group Author: NA
Abstract:

It is surprising to learn what people pay for water in Southern California. Of course, it depends on what you need the water for, when you need it, and where it comes from. Rates for the least expensive water, for agricultural use, are $15 (Euro 12) or more per acre-foot (1,230 m3). The highest-cost wholesale water is desalinated seawater at a cost of $800 to $900 per acre-foot (AF). The base treated and untreated water rates for the largest wholesale water purveyor in California, Metropolitan Water District of Southern California, are $371 and $478 per AF (Euro 232 and Euro 300 per 1000 m3). Actual rates paid by water districts for Metropolitan water vary depending on the type of service and the costs to deliver the water to the service location. Residential water rates in California, which include delivery and service charges, averaged $905 per AF in 2005 (Euro 567/1000 m3). The average residential user in 2005 required 0.4 AF (490 m3) of water for the year. Residential water rates have increased over the last 15 years, from approximately $20 (Euro 15) per month in 1991 to approximately $35 (Euro 27) per month in 2005, representing an average annual increase of 3.8%. As the need for reliable water supplies increases so does the cost. Informal and formal water markets are increasing. Markets for permanent water rights and annual water rights have been incorporated into recent legal judgments for groundwater basins in Southern California. Water markets are helping to reduce over pumping of groundwater basins. They promote better planning for droughts, water conservation, and increased water system reliability.

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Volume: NA
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Journal ISO: NA
Organization: NA
Publisher: NA
ISBN: NA
ISSN: 9781845640743
DOI: NA
Keywords:

costs, groundwater, water management, water resources, waterrights, water supply, California, USA, Pacific States of USA, WesternStates of USA, USA, North America, America, Developed Countries, OECDCountries, costings, United States of America, water resourcemanagement, water supplies, Natural Resource Economics (EE115) (NewMarch 2000), Water Resources (PP200), Public Services and Infrastructure(UU300)

Source: EBSCO
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