Costs
The costs of metering include:
- the investment costs to purchase and to install meters, as well as
- the recurrent costs to read meters and to issue bills based on consumption instead of bills based on monthly flat fees.
While the cost of purchasing residential meters is low (in the range of US$20 per meter), the total life cycle costs of metering are higher. For example, retrofitting apartments in large buildings with meters for every apartment can involve major plumbing work and can be very costly.
Read more about this topic: Water Metering
Famous quotes containing the word costs:
“It costs more to maintain ten vices than one virtue.”
—H.L. (Henry Lewis)
“When over Catholics the ocean rolls,
They must wait several weeks before a mass
Takes off one peck of purgatorial coals,
Because, till people know what’s come to pass,
They won’t lay out their money on the dead—
It costs three francs for every mass that’s said.”
—George Gordon Noel Byron (1788–1824)
“It is commonly said by farmers, that a good pear or apple costs no more time or pains to rear, than a poor one; so I would have no work of art, no speech, or action, or thought, or friend, but the best.”
—Ralph Waldo Emerson (1803–1882)