Monday, July 28, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

Prada counters

By
From page A7 | July 19, 2013 |

Several ratepayers have asked about unabashed EID promoter Paul Raveling’s brazen claims that EID has low water rates. Confused that their individual EID water bills don’t mesh with Raveling’s claims, ratepayers want to know the truth.

Purportedly backing Raveling’s claims is his self-manufactured analysis of 2011 water rate comparisons throughout California. But here’s the “rub:”

1) At the 1500 cubic foot usage water consumption rate chosen by Raveling, EID has implemented and approved rate hikes of 42.4 percent in 2012 (remember the “50/50” rate change reversion back to pre-2009 rate structuring?), 11 percent in 2013, and 11 percent coming in 2014 … a water rate hike surge of 75 percent just in this three year period alone. Raveling’s numbers for 2011 disingenuously and deviously ignore this rapid $206 annual climb in EID rates. (Even more confounding is that Raveling ignored using his own self-generated “Rate Calculators” found on the EID Website.)
2) EID receives property tax subsidies that most water agencies, including neighboring Folsom, do not. So EID’s “all-in, property tax inclusive bills” average $153 more annually than in Raveling’s willfully misleading portrayal of EID cost efficiencies.
3) Through accounting gimmicks, EID’s rates exclude $9 million annually of deferred debt repayment and unfunded pension costs. This effectively adds another $139 annually of rates if these deferred and unfunded costs were properly included in current rate requirements.

Altogether, Raveling has willfully and/or ineptly misrepresented and understated EID’s water comparative cost efficiencies by $498 per ratepayer annually … some $41.50 monthly higher than the scant $1.52 monthly comparative difference Raveling portrayed in his published letter.

With such distorted data portrayal, it is no wonder that EID’s current board-majority love to hear Raveling pontificate during public comment at EID board meetings. They further cry out “hear-hear” when Raveling submits his latest fantasy distortions to the Village Life and Mountain Democrat.

But EID bills don’t lie. Irrespective of Raveling’s unwillingness to let truth stand in his way, EID ratepayers know transformational change is needed on EID’s board when they go to the polls this coming November.

GREG PRADA
Cameron Park

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