How Does This Impact Me?

Frequently Asked Questions 

Click here to view our list of Frequently Asked Questions.

 

What will it cost me?

Vacant Parcel:  

  • Capital Cost = $1,000 ($3.50 per month)-(Assuming a $10 Front Footage Fee Assessment on a 100 ft. Foot Lot Frontage.)Slide 17
  • Annual Cost = $0

Typical Residential Home (Delayed Connection):  

  • Capital Cost = $10,000 ($34.50 per month)
  • Annual Cost = $0
  • Additional $2,000 Cost at Time of Connection for Septic Abandonment and Sewer Service + Beginning Paying Monthly fee

Typical Residential Home (Connection at Project Completion):  

  • Capital Cost = $10,000 ($34.50 per month with $2,000 up front)
  • Annual Cost = $672 ($168 per quarter)







What will it cost me?

USDA Rural Development
100% Loan / 0% Grant
40 Years @ 1.875%

Assessments @ 2.875%		Cash PlanInstallment Plan
Construction Cost Paid Up FrontConstruction Cost Paid Over 40 Years
Capital CostAnnual CostCapital CostAnnual Cost
Monthly Rate
($168/Quarter/REU)
$672$672
Front Foot Assessment
($10.00/ft - Assumed 100ft)
$1,000$42
Benefit Assessment
($9,000±/REU)
$9,000±$372±
Connection to System (75')$2,000$2,000
Total Up Front Cost$12,000±$2,000
Total Annual Cost$672$1,086±

*The above table represents estimates of one of many potential rate/assessment structures, the different elements of which are all inter-related. Final structure to be determined after the need for project is confirmed.


Delayed Connection (up to 3 years)

USDA Rural Development
100% Loan / 0% Grant
40 Years @ 1.875%

Assessments @ 2.875%		Cash PlanInstallment Plan
Construction Cost Paid Up FrontConstruction Cost Paid Over 40 Years
Capital CostAnnual CostCapital CostAnnual Cost
Monthly Rate
($168/Quarter/REU)


Front Foot Assessment
($10.00/ft - Assumed 100ft)
$1,000$42
Benefit Assessment
($9,000±/REU)
$9,000±$372±
Connection to System (75')

Total Up Front Cost$10,000±$0
Total Annual Cost$0$414±