Utility Costs

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In compliance with HB 3693, Texas Legislative session 80(R), the table below shows the amount of electricity, water, and natural gas used by the City, as well as the corresponding amount paid.

Cost

Fiscal Year 2022 2023
Electricity $3,083,058 $3,411,557
Natural Gas $124,796 $132,537.54
Water* $32,368,547 $33,414,924
Total $35,576,402 $36,959,018


Usage

Fiscal Year                          2022            2023
Electricity 30,942,868 kWh   23,649,811 kWh
Natural Gas 120,516 CCF 122,797 CCF
Water 9,248,589 Gal. 9,856,910 Gal.

 

Under the North Texas Municipal Water District (NTMWD) contract, cities historically paid for water based on their single greatest year of usage.  Richardson’s “Take or Pay” volume of 11,019,311,000 gallons was delivered to the City in fiscal year 2001.  Effective with fiscal year 2021, this methodology was amended to transition the existing Take or Pay methodology to one based on a rolling five year usage.  The transition will take place over a thirteen year period.  The City’s "Take or Pay" amount for fiscal year 2024 will be 10,823,489,000 gallons.