Current Utility Rates
Utility Enterprise Rates
Steam and electric rates are established at levels to recover all operations and maintenance costs for generation and distribution, reserves for major repairs and replacements, debt, and fuels.
|U-M Utility Enterprise Rates:||FY22||FY23|
|Central Power Plant steam (per 1000 lbs)||16.110||17.400|
|CPP, North Campus, Ingalls electric (per kwh)||0.088||0.095|
Utilities purchases, manages, and processes all direct-purchased utilities, which are supplied and metered by an outside utility company and distributed directly to the university customer. These prices fluctuate, and the rates below are our best estimates at this time.
|Estimated Direct-Purchased utilities costs (Including charges):||FY22||FY23|
|Water, Sewer & Storm (per ccu)||12.874||13.628|
|Natural Gas (per ccf)||0.365||0.503|
|Electric (per kwh)||0.089||0.090|
Service charges are applied to direct-purchased utilities to recover overhead, university distribution maintenance, and targeted infrastructure improvements.
|Service Charges on Direct-Purchased Utilities||FY22||FY23|
|Administrative (on all utilities) 1||2.30%||2.40%|
|Green Power Initiative (PPA) Surcharge 2||3.00%||4.00%|
|Water, Sewer, Storm maintenance 3||17.50%||18.00%|
|Direct electric maintenance||0.40%||0.40%|
1 Examples include salaries, office expenses, computer hardware and software, legal services, & MISS DIG.
2 The total annual Green Power Initiative Surcharge premium collected for FY23 remains stable from FY22. Percentages may fluctuate year to year based on forecast campuswide utility usage.
3 Covers costs for infrastructure improvements and the replacement of aging piping.