Economic Assessment of Water Costs at the Universidad de las Fuerzas Armadas ESPE, Ecuador, and the Region

Abstract

Introduction: The demand for freshwater is increasing around the globe due to population growth and urbanization, exacerbating pressure on available water resources. Consequently, understanding the factors influencing the price per cubic meter of water at a public Ecuadorian university operating in US dollars is crucial for sustainable resource management. Aim: To estimate water cost at the Universidad de las Fuerzas Armadas ESPE. Although the university has relevant data, such as maintenance, operation, energy, and water analysis costs. Results: This research focused on identifying the various elements contributing to the cost of water, including expenses associated with maintenance ($14,201.60 annually), water quality measurements ($250.00 annually), human resources ($980.00 monthly), chemical inputs ($8.00 monthly), electricity consumption ($464.38), operational and maintenance costs ($30.00 monthly), and the implementation of an ultraviolet (UV) system at the wastewater treatment plant ($186.05 per year). The study concluded that the cost per cubic meter of water at the university was 1.07 USD.