Re: Sharing well and pump--how much should we charge?

Wow!  Lots of responses!  Thanks for all the advice.

> > I'm surprised the mere idea of well sharing is so foreign to > everyone.  It's very common in Wisconsin.  It makes a lot of sense. > There are rarely any problems, and I personally have never heard of > any first-hand.  Sharing a well causes no problems with deeds, > mortgages, buying, selling, etc.  Our deed, and our neighbor's deed, > both have the same language regarding the well and pump, and the deeds > were reviewed by attorneys, title companies, lenders, etc.  This is > all legit. > > My only problem is *HOW* to split the electricity.  We both agree that > we'll split it, and our deeds stipulate that we'll split it, but how > do we split it?  I'm waiting to hear back from my neighbor to see if > he agrees on a reasonable amount like $15/mo.  I have no reason to > believe he'll argue about it.  If he does, I'll just have to install a > meter on that circuit, watch it for a few months to come up with an > average, and then charge based on that.  If the cost of a meter is > reasonable, I may do that regardless, as I'm a lover of information, > and I'd just like to know how much juice the pump uses. > > I'm satisfied that the cost to run the circuit in the first place is > negligible, and I won't bother my neighbor with that.  Besides, we'd > have to run that circuit even if we didn't share a well, and our > neighbor had to run a similar circuit to control the pump, so it's not > worth analyzing. > > As for the pressure tank...  I'm going to have a non-biased third > party plumber look at the installation and make sure it's fare, and > explore the "check valve" to make sure my neighbor doesn't benefit > from it, or, if necessary, figure out what initial costs should be > shared. > > Thanks for all the information everyone! > > - Johnnie
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bigjimpack
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