The statistics suggested that the total water reserves may reach 7.6 million acre-foot
of water and thus the country will face a deficit of 6.4 million acre-foot
of water creating a very wide gap between supply and demand.
Quantity-weighted average prices weight prices by how much quantity is sold at a certain price; this method is used for a more accurate assessment of average prices per acre-foot
of water sold or leased.
There is little private water trading across state lines due to a variety of state regulatory restrictions and to the costs associated with transporting a heavy commodity (an acre-foot
of water weighs 1,358 tons) to great distances.
Zammit says that under prior agreements set up several years ago, San Juan pays state and local water resource agencies about $10 per acre-foot
In Oregon, property owners may permanently trade away all or part of their rights to irrigation water for about $350 per acre-foot
, Landry notes.
The Central Utah Project sells water to farmers for $3.00 per acre-foot
. The farmers use each acre-foot
to produce crops worth $30.
First, all water transferred to non-CVP municipal and industrial (M&I) users is subject to a surcharge of $25 per acre-foot
. Second, the contractor must pay full-cost charges for all water transferred to irrigators who are not CVP contractors or must pay higher M&I rates if the water is to be used for that purpose.
He's trying, first, to help the reader visualize an acre-foot
is roughly the amount of water a suburban family is expected to use in a year.
is 325,851 gallons, or the volume of one acre flooded 12 inches deep.
is nearly 326,000 gallons of water.) Ideally, Mexico would deliver an average annual amount of 350,000 acre-feet.
The Metropolitan Water District of Southern California, along with its partner Cadiz Inc., plans to transfer up to 1 million acre-foot
of surplus water from the Colorado River Aqueduct via a 35-mile pipeline to spreading grounds in the Mojave Desert about 60 miles southwest of Needles, CA.