Greeley raised water rates last year. Revenues jumped 19%

Water demand was 5% higher than the year prior

The city of Greeley raised water rates 6% in 2022, and the move certainly worked to fill the city enterprise’s coffers; rate revenues from water customers were up $8.22 million — or 19% — this past year, according to documents prepared for Wednesday’s Water and Sewer Board meeting.

Greeley’s water enterprise pulled in $52.15 million in rate revenues for 2022, according to city documents, with the majority ($27.21 million) coming from residential customers within city limits. That was beyond the $47.46 million the city had expected to pull in, leaving water rate revenues 10% higher than expected.

Commercial customers within city limits supplied the city with the second-most water rate revenues ($6.79 million), and industrial customers within city limits supplied the third-most ($6.2 million).

The remaining water rate dollars came from:

• Evans customers ($3.98 million)

• Non-potable water customers ($3.92 million)

• Windsor customers ($1.87 million)

• “Other” customers ($2.17 million)

The added money didn’t stem only from the rate increases, though; city documents note water demand was on average 5% higher this past year than in 2021.