Base Rates are used by the municipality to generate a fee per measure of water. This fee is then sent to the billing department where it is then applied to the amount of water that was supplied to the Industry. So the rate is based on Result – Limit – Base Rate – Conversion Factor. The rate does not take the amount of flow into consideration.
The calculation works as described below:
Our program averages all of the results for the given parameter and industry within the dates selected. Next our program subtracts the Base Rate Limit from the average result. Then it multiplies the subtracted value by the base rate and the conversion factor.
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