Economist Propose Water Pricing System for Conservation

Economists propose identifying the top 10% of water users (commercial and residential). Then they prose a pilot program that will help create future customizable water pricing programs for customers.

The pilot program in economist jargon: “Each invitee would receive an opt-in contract offering to pay them an annual fee for enrolling for three years in a water conservation program. In return, the price the consumer paid for each gallon of water would triple. This approach would give the consumer a guaranteed payment for participating and a clear incentive to use less water.”

Route Fifty | A New Strategy for Western States to Adapt to Long-term Drought: Customized Water Pricing