1. Scratching the Surface (Water) Elliot Wilkinson-Ray

2. 93% (roughly 445 million gallons per day) = private profit Current Revenue: Public Supply: $ 35,000,000 Wastewater Permits: $ 1,692,350 Hydroelectric: $ 164,775,527 Thermoelectric: $ 100,000,000 Recreation: $ 109,096,309 Total: $ 410,564,186 There are other industrial uses

3. Rent from Hydro 5% of hydro revenue ($164,775,527) = $ 8,238,776.4 End local electricity subsidy: = $ 7,500,000

4. Thermoelectric Withdrawals

5. Rent collection: $0.05/1,000 gallons, (2% of the current wholesale water rate) = $ 7,600,000 “ 52% of fresh surface water withdrawals in the US are for thermoelectric-power use. Establishing the right to tax this use in Vermont would have serious implications for the rest of the country. ”

6. Increasing Price Structure: Base price ATC $3.20 eco valuation $.40 rent payment $0.00 /1,000 gals.=$3.60 2,000-40,000 gallons: ATC $3.20 ecovaluation $.40 rent payment $.80 /1,000 gals. =$4.40 40,000-100,000 gallons: ATC $3.20, ecovaluation $.40 rent payment $1.50 /1,000 gals. =$5.10 100,000+ gallons ATC $3.20, ecovaluation $.40 rent payment $ 2.50 /1,000 gals. =$6.10

7. Rent collection:  Public Supply: 10% of public revenue: $ 3,500,000 *estimation*  Other use withdrawal fee: $.05/1,000 gallon (24 million gallons/day) = $438,000

8. Total Rent Value $ 8,238,776.4 - Hydro rent $ 7,500,000 - End local electric subsidy $ 7,600,000 - Thermo-electric use $ 3,500,000 - Public Supply $ 438,000 - Other use withdrawal fee Total: $ 27,276,776