Definition, Meaning & Synonyms

ratepayer

noun

/ˈreɪtˌpeɪ.ər/

Definition

A ratepayer is a person or entity that pays for services provided by a local government or utility, often in the form of property tax or utility bills.

Examples

The city’s new initiative aims to reduce costs for ratepayers.
As a ratepayer, you have a say in local utility decisions.
Ratepayers will benefit from the proposed infrastructure improvements.

Meaning

Ratepayers contribute to local and governmental revenue through various charges, mainly for the use of public services such as water, electricity, and waste management.