On Feb 26, 1:03 pm, "Roger Shoaf" snipped-for-privacy@nospamsyix.com wrote: >
> > Why not assume that the capital costs heretofore have been paid equitably
> > between both properties,
>
> Well, for one thing, there is nothing to suggest who paid for what. >
> and then enter into an agreement that each one of
>
> > you will pay a fund to maintain the system. The fund would be in joint
> > ownership and run with each one of your lots,
>
> > Once a pre-determined maintenance reserve fund is established, the funds
> > would sit and draw interest. In the event of a failure, the fund would have
> > sufficient reserve to pay for parts and labor to replace.
>
> > As far as electric costs, a Hobbs meter can be installed to see how many
> > hours a month the pump runs. The electric cost can be derived by
> > multiplying the hours times the rate of consumption, and then by the
> > electric rate. The neighbor would be responsible for half.
>
> > This would be a good deal for both of you.
>
> That's very debateable. If you had the opportunity to share your
> well with a neighbor under these conditions, would you?
>
>
>
>
>
> > --
> > Roger Shoaf
> > If you are not part of the solution, you are not dissolved in the solvent. >
> > > I share a well with my neighbor. For both of us, the well and pump
> > > were supplied by the developer who old us the land on which we built
> > > last year. Both houses use the well and pump, but only one house
> > > supplies the electricity--and that's our house! We agreed that we
> > > would pay for the electricity along with the rest of our electricity,
> > > but our neighbor should pay us half the cost of the electricity
> > > required to run the pump. Problem is, I don't know how to charge for
> > > that. I don't even know how much electricity the pump uses. It's on
> > > a circuit connected to our house's electrical service--there's no
> > > separate meter. What would be a fair amount to charge?
>
> > > In case it helps, both families have two adults and two children with
> > > typical water usage--no hot tubs, swimming pools, etc.
>
> > > Here's another thing I'm wondering about... Ours was the first house
> > > built, and ours was the first plumbing connected to the pump, so I'm
> > > wondering if we paid for some initial set-up that our neighbors didn't
> > > have to pay for. For example, besides the electricity each month,
> > > wouldn't there be a cost to initially run the circuit out to the
> > > pump? What other initial costs might there be that should be shared
> > > with the neighbor?
>
> > > Finally, when our house was built, we installed a pressure tank. The
> > > purpose of the pressure tank is to improve the overall pressure of the
> > > plumbing in the house and to provide a sort of pressure reserve so
> > > that the pump doesn't have to turn on so frequently. I'm not sure the
> > > cost of this tank and it's related controls, but I know it was over
> > > $1,000. I also know that our neighbor did *NOT* install one of
> > > these. My question is this... Is our neighbor benefiting from our
> > > pressure tank? Besides lessening wear and tire on the pump, is it
> > > also improving the pressure for our neighbor's house, too? (The tank
> > > is located in our house's mechanical room.) Is this something that
> > > our neighbor should be compensating us for?
>
> > > Any advice is greatly appreciated.
>
> > > - Johnnie- Hide quoted text -
>
> > - Show quoted text -- Hide quoted text -
>
> - Show quoted text -
Not without a lot more details in the agreement. In case you missed it somehow, _that_ is what the thread is about.
Harry K