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.)
- 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 Plan | Installment Plan | ||
Construction Cost Paid Up Front | Construction Cost Paid Over 40 Years | |||
Capital Cost | Annual Cost | Capital Cost | Annual 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 Plan | Installment Plan | ||
Construction Cost Paid Up Front | Construction Cost Paid Over 40 Years | |||
Capital Cost | Annual Cost | Capital Cost | Annual 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± |