Take Rate and Cost

One huge benefit of a publicly-owned utility is that rates are transparent.

We broke down the costs of Holland City Fiber which gave us a monthly service cost of $42. The millage is separate, but low ($12.75 for an average home, see our calculator for more).

That $42 can go down as more people sign up (the take rate).

BPW presented this chart, showing estimated costs.

Chart showing rate going from $55 at a 30% take rate to $22 at 100%.
Take Rate vs Operating Expense per Customer

As we increase the city-wide take rate, costs could go down, and would because BPW is a non-profit utility! They set their rates every year, and City Council approves them. No surprises.

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