It is NOT a subsidy!
At Monday’s (July 14)EID Board meeting countless farmers of all sizes repeatedly and abundantly made clear that the price they pay for the EID water they use is NOT subsidized. Okay. The subsidized facts are now known to all.
But, if you walked into the grocery store and bought a gallon bottle of drinking water and were charged $14.49 for what the guy in front of you just paid $1 what would you think? Well, in the land of EID, this 14-to-1 multiplier is exactly what happens to every residential ratepayer after they’ve used their 13,465.9 gallons of tier 1 water.
Call it what you want (clearly NOT a subsidy), it is what it is. In this land of the free, everyone is entitled to his own opinion but not his own facts.
Want to check the math? Find EID’s 2014 rate sheet at eid.org/home/showdocument?id=3275; 1 cubic foot (cf) = 7.48 gallons (see page 2 of your EID bill).
El Dorado Hills