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Water Consumption Tier Pricing

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    Water Consumption Tier Pricing

    I need assistance in creating a formula for a tier pricing.

    Tier 1 0-5,000 gallons equals $0.75 per 1,000 gallons
    Tier 2 5,001 to 10,000 gallons equals $0.85 per 1,000 gallons
    Tier 3 10,001 to 20,000 gallons equals $1.25 per 1,000 gallons
    Tier 4 20,001 to 30,000 gallons equals $1.50 per 1,000 gallons
    Tier 5 30,001 and more gallons equals $2.00 per 1,000 gallons

    So in essence: Water user "A" uses 31,000 gallons of water he would be billed a water usage rate of $42.50 ($3.75 for the first 5,000 gallons, $4.25 for the next 5,000 gallons, $12.50 for the next 10,000 gallons and $22.00 for the last 11,000 gallons equally 31,000 gallons consumed)

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    Forum Expert shg's Avatar
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    Re: Water Consumption Tier Pricing

    A
    B
    C
    D
    1
    Usage
    Rate
    Delta
    2
    0
    $ 0.00075
    $ 0.00075
    C2: =B2 - N(B1)
    3
    5,000
    $ 0.00085
    $ 0.00010
    4
    10,000
    $ 0.00125
    $ 0.00040
    5
    20,000
    $ 0.00150
    $ 0.00025
    6
    30,000
    $ 0.00200
    $ 0.00050
    7
    8
    Usage
    Cost
    9
    1,000
    $ 0.75
    B9: =SUMPRODUCT( (A9>$A$2:$A$6) * (A9 - $A$2:$A$6) * $C$2:$C$6)
    10
    2,000
    $ 1.50
    11
    5,000
    $ 3.75
    12
    10,000
    $ 8.00
    13
    20,000
    $ 20.50
    14
    50,000
    $ 75.50
    15
    100,000
    $ 175.50
    Last edited by shg; 07-17-2018 at 06:10 PM.
    Entia non sunt multiplicanda sine necessitate

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    Re: Water Consumption Tier Pricing

    THANK YOU thank you THANK you

  4. #4
    Forum Expert shg's Avatar
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    Re: Water Consumption Tier Pricing

    You're welcome.

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