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Water broker Accounts

  

Water Broker/Trader Account Type

  Water brokers typically offer two main types of accounts for their clients: Meter Accounts and Flat Rate Accounts.

  • Meter Accounts:
    • Charges are based on the amount of water used each month, both indoors and outdoors.
    • Monthly meter readings determine the bill, which can vary significantly during summer months due to increased irrigation.
    • Meters are usually read remotely, and bills are issued for the previous month‘s water usage.
    • Flat Rate Accounts:
      • Charges are determined based on the number of rooms, toilets, bathtubs, showers, and laundries in the property, as well as lawn size.
      • An annual sprinkling fee is billed in May for outdoor water usage.
      • All flat rate accounts are billed in advance, and there’s no reduction in charges if the property is vacant.

        

      Water Broker/Trader Broker Account Opening Process

        To open a water broker account, follow these steps:

      •   Select the Account Type: Choose between a Meter Account or a Flat Rate Account based on your water usage preferences.

      •   Complete the Application: Fill out the necessary application form for the chosen account type. This may involve providing personal identification and property details.

      •   Submit Required Documentation: Attach any required documents, such as proof of residence and identification.

      •   Await Confirmation: After submission, the water utility division will review your application and confirm your account setup.

      •   Account Activation: Once approved, you will receive details about your account, including billing cycles and payment methods.

      •   Set Up Payment: Arrange for payment methods, which may include electronic transfers or checks, to ensure timely bill payments.

      •   By following these steps, you can successfully establish a water broker account tailored to your needs.

Water accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Water Account