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Litchfield Municipal Fire Protection Bill
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July 2023 through June 2024
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7/1/2023
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MonthPublic Hydrant ChargePEU QCPAC RecoupmentPEU QCPTotal Monthly Bill
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Aug-23 $ 33,380.22 $ (7,816.92) $ 2,075.41 $ 27,638.71
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Sep-23 $ 33,380.22 $ (7,816.92) $ 2,075.41 $ 27,638.71
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Oct-23 $ 34,781.02 $ 2,806.83 $ 37,587.85
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Nov-23 $ 34,781.02 $ 2,806.83 $ 37,587.85
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Dec-23 $ 34,781.02 $ 2,806.83 $ 37,587.85
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Jan-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Feb-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Mar-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Apr-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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May-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Jun-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Jul-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Aug-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Sep-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Oct-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Nov-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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Dec-24 $ 34,781.02 $ 2,198.16 $ 36,979.18
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$ 443,750.17
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PEU QCPAC Criteria:
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Based on 2020 QPAC of
4.02%
effective May 2022 and recouped back to October 2021
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Based on 2021 QPAC of
0.86%
effective January 2023 and recouped back to September 2022
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2021 QCPAC is based on an assumed loan rate of 5.5%.
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Based on Temporary rates of
5.90%
effective November 2023. Eliminates QCPAC filings
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The 2021 QCPAC is added to the 2020 QCPAC resulting in an effective QCPAC as of September 2022 of
4.8800%
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QCPAC 20214.96%
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Per Pennichuck increase in QCPAC of 1.75% on top of new 6.32% = $37,588 for October, November and December
8.07%
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The 2023 QCPAC is added to the 2022 QCPAC resulting in an effective QCPAC as of September 2023 of
1.75%
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Total QCPAC based on DW21-022, DW22-005 and DW23-013 -
$26,377.926.32%$2,198.16
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Estimated due to Rate Change
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Based upon 2023 actual billed
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This calculation includes new fire protection assets associated with St. Gobain’s extension of public water in the Colonial Ave. area of Litchfield. The projected monthly fee is $36,979. At this stage, we do not anticipate any increase to our permanent rates in 2024. There will be an increase in the QCPAC surcharge %, lilkely in the September or October time frame of 2024, in the amount of about 1.75% or an additional monthly amount for the months of October, November and December of about $609 on top of the $36,979 for a new monthly total of $37,588.
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