Utility Rates
Annual utility rates for the following utilities: steam, electric, chilled water, water, and sanitary are approved by the Office of the Provost annually. Annual utility rates are calculated for the following utilities: steam, electric, chilled water, water, sanitary, natural gas, and hot water and are reviewed with the Finance, Budget, and Planning Office, Auxiliaries, and the Department of Intercollegiate Athletics prior to F&S approval. The utility rates are composed of the following budgeted cost elements for Utilities Production and Distribution:
- Fuel Costs (natural gas, electricity, coal, fuel oil)
- Purchased Utility Costs (water, sanitary, natural gas)
- Personnel Costs
- Operations and Maintenance Costs
- Repair and Replacement Costs
- Debt Service Normalized over time
- Over/Under recovery of prior year operating deficits
The utility base state budget includes the utility costs for all state-supported buildings, billed on a per-unit consumed basis. Auxiliary and commercial customers are billed directly on a per unit consumed basis for their portion of the annual costs. Each year, the projected energy and water consumption for the university is estimated, along with known expenses. The projected costs and projected consumption are combined into utility rates for each primary commodity. Once the rates are reviewed and approved, the state, auxiliary, and commercial customers are billed monthly and tracked through the Energy Billing System (EBS). The vendor supplied utility service charge does not apply to university provided utility services. It only applies to externally provided services that our paid and rebilled by F&S.
Current Utility Rates
| Commodity | FY26 Rates | FY27 Rates | % Increase/(Decrease) |
| Steam (per Klb) | $33.18 | $35.76 | 8% |
| Electricity (per kWh) | $0.1415 | $0.1457 | 3% |
| Chilled Water (per Mbtu) | $21.50 | $23.72 | 10% |
| Water (per kGal) | $8.64 | $9.37 | 8% |
| Sanitary (per kGal) | $6.67 | $6.84 | 3% |
| Natural Gas (per Therm) | $.621 | $.671 | 8% |
| Hot Water (per Mbtu) | $16.62 | $16.09 | -3% |
| Vendor Supplied Utility Service Charge (monthly per account) | $3.96 | $4.17 | 5% |
Current Year Utility Rates
Previous Year Utility Rates
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