EARLY ADOPTER ENDORSEMENTS

CITY OF ROCKLAND

CAPITAL OBJECTS has developed a comprehensive financial planning tool that revolutionizes the manner utilities track  their present financial condition and plan for the future. The program gives a utility the ability to determine how every dollar spent and every dollar planned to be spent will effect cost to their present and future customer base. After working managing  water, sewer and solid waste utility operations for forty years its finally here.

Terry Pinto

Director 

City of Rockland Maine Pollution Control Department

WESTERN HEIGHTS WATER CO

The Aqua Rates Planner application is excellent.  And the support provided  us was outstanding.  We really appreciate all that Capital Objects has done for us. Using the application allowed Western Heights Water Company to complete our rate study and develop a new 4 tier rate structure in-house, which saved us over $30,000 in consulting fees.  The application provides us detailed insight about our revenues, expenses and how the water rates support our financial goals.

Mark E. Iverson, P.E.

General Manager

Western Heights Water Company

SOFTWARE AS A SERVICE

HOW IT WORKS

image25

As part of Services Consulting we handle the data uploads for you  and can help keep you up to date:

  • We focus on bringing your rate design and cashflow projections online with creation of scenarios that you access through the Planner Applications
  • We upload data for you including the O&M budget, CIP Master Plan, and Current Rates
  • We calculate the revenue sufficiency cashflow analysis with the current rates referred to as Baseline Analysis
  • The calculated results are instantly available through the application over the cloud

IMPLEMENTATION

image26

During the project implementation, we perform the following steps  so that you can enjoy the substantial benefits of using the application with a minimal time commitment: 

  1. Upload your O&M Budget
  2. Upload your CIP Master Plan
  3. Upload Capital Financing Assumptions
  4. Upload volume projections, connection projections  for each customer service class
  5. Upload your rate design
  6.  Upload or input escalation percentages

ADDITIONAL SERVICES

image27

  • We can augment your planner tool with additional services:
  • Model a comprehensive financing plan that features various  timing and options associated with the CIP Master Plan
  • Develop strategies for reserve funds  and run the scenarios including:
    • Rate stabilization fund
    • Capital project fund
    • Emergency fund
  • Model alternative rate design structures using direction of cost allocation factors

HELP DESK SUPPORT

image28

Our help desk support team is committed to providing comprehensive support with the use and application of our software:

  • Contact us via email or text, and we will respond in a timely manner
  • We can quickly set up an online meeting and perform step-by-step help desk assistance  
  • We monitor your online system and validate that it is functioning properly
  • We are happy to assist with annual data updates upon request