# Cedar Grove Municipal Water — water loss as filed

PSC · PWS 1010 · filings 2016–2025
https://municorn.us/water-loss/wi/cedar-grove-municipal-water/

> **Cite as:** Municorn.us, "Cedar Grove Municipal Water — water loss as filed", Municorn water loss index, https://municorn.us/water-loss/wi/cedar-grove-municipal-water/ (source filings retrieved 2026-09-08).
> **Licence:** CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/ — reuse and redistribution are permitted with attribution to Municorn.us and a link to this URL.
> **Caveat that must travel with these figures:** "Water loss" is at least three different quantities depending on the jurisdiction, and nothing here supports a comparison between states.

## Summary

Cedar Grove Municipal Water reported **7.6% non-revenue water** in FY2025, higher than 17% of the 562 Wisconsin systems that filed that year.

**The water balance is not a check here.** PSC derives water losses from system input minus authorized consumption, so this decomposition holds by construction.

## Filed history

| Year | Non-revenue water % | System input (MG) |
|---|---|---|
| 2025 | 7.6% | 46.7 |
| 2024 | 5.1% | 43.2 |
| 2023 | 3.5% | 46.8 |
| 2022 | 4.9% | 45.2 |
| 2021 | 11.5% | 50 |
| 2020 | 13.0% | 47.6 |
| 2019 | 4.8% | 50.4 |
| 2018 | 5.6% | 48.3 |
| 2017 | 14.1% | 47 |
| 2016 | 10.4% | 45.7 |

## What this source cannot say

No filed year on this page carries a retail rate or a production cost, so no figure here is valued. A loss volume
is not a loss in dollars, and this site will not supply a price that was not filed.

## Source

Public Service Commission of Wisconsin, municipal annual report Schedule W-15. Retrieved 2026-09-08. https://apps.psc.wi.gov/ARS/WEGSqueries/default.aspx

The FY2025 loss figure: (system input − billed authorized) ÷ system input × 100, from system input volume at `Sheet1!H93`; billed authorized consumption at `Sheet1!I93` — in `data/archive/wi-psc-water-audit/2026-09-08-5ef7d6e2fdbd.csv` (sha256 5ef7d6e2fdbdac2b, retrieved 2026-09-08, https://apps.psc.wi.gov/ARS/WEGSqueries/default.aspx), read by `src/scrape/wi.ts` at 6d6d5f59e8fb.

Volumes are normalized to million gallons on ingest; the export reports them in the unit each filing states.

Figures are as filed unless stated otherwise. If a number here is wrong it is wrong in the filing or wrong in
our reading of it, and both are worth knowing: ammar@municorn.us

_Municorn.us · https://municorn.us/water-loss/wi/cedar-grove-municipal-water/ · CC BY 4.0 https://creativecommons.org/licenses/by/4.0/ · source filings retrieved 2026-09-08_

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## Debt outstanding, and what covers the interest

**No bonds outstanding at the end of 2025.** This is principal outstanding on the water utility's own balance sheet, on the Commission's own test: it files no electric operating report.

| Year | Debt outstanding | Issues | Net revenue | Interest | Coverage |
|---|---:|---:|---:|---:|---:|
| 2025 | $0 | 0 | $149,867 | $2,269 | 66.05 |
| 2024 | $0 | 0 | $166,896 | $3,889 | 42.91 |
| 2023 | $0 | 0 | $167,420 | $5,480 | 30.55 |
| 2022 | $0 | 0 | $168,204 | $7,484 | 22.48 |
| 2021 | $0 | 0 | $161,236 | $10,483 | 15.38 |
| 2020 | $38,070 | 1 | $144,305 | $14,115 | 10.22 |
| 2019 | $75,122 | 1 | $172,077 | $8,313 | 20.70 |
| 2018 | $111,182 | 1 | $142,321 | $8,385 | 16.97 |
| 2017 | $146,277 | 1 | $136,325 | $10,909 | 12.50 |
| 2016 | $180,432 | 1 | $131,329 | $13,915 | 9.44 |

Coverage in 2025: **66.05**. Net revenue over interest: the Commission's account 400 (operating revenue), less 401–402 (operation and maintenance), less 408 (taxes), divided by 427 plus 430 plus 431 (interest on long-term debt, on municipal advances, and other). Depreciation is filed under 403 and is not deducted, because what pays interest is cash.

This is not a debt service coverage ratio and must not be read as one. Debt service is principal repaid plus interest, and the principal repaid in a year is not filed anywhere in this source. A covenant ratio is defined in the bond documents, which set out their own revenues, their own operating expenses and their own exclusions. Two utilities with identical filed figures can have different covenant ratios.

Figures are as filed with the Commission under Wis. Admin. Code ch. PSC 185 and are not audited as presented. Nothing here is a credit opinion, an implied rating, or a judgement that any figure is sufficient.

Source: Public Service Commission of Wisconsin, annual report financial schedules, 2016–2025.

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