📈 Cost of Service

Most utilities suspect their rates haven't kept up with costs — what they don't have is a clear picture of the gap. Cost of Service is a screening tool, not a rate study: it pulls your real cost and revenue data to answer one question — is your published rate structure still covering cost, or is it time to call a rate consultant?

In bundle: Management · Full

What it does

Built for the Work — Nothing Extra.

Rate-sufficiency read by fund and service class
Revenue requirement calculated from real Budget and CIP data
Gap analysis — how much current rates are short (or long)
Trend over multiple years — is the gap growing or closing?
Financial-health metrics: DSCR, operating ratio, days cash on hand
Fed by Budget and CIP data automatically — no re-entry
Clean export of baseline data for a rate consultant when needed
Directional output suitable for board discussion and planning

⚠️

One honest limit

This is a screening tool, not a rate study. It tells you whether a formal rate case is warranted — it does not produce a defensible rate schedule. Formal rate studies require a certified rate consultant. LRMS operates on your published rate structure; off-schedule arrangements (reduced rates for schools, grandfathered customers, contract-ops side deals) are not reflected and need to be overlaid manually.

Add It When You're Ready.

Every module talks to every other. Start small, grow into the rest.

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