There was no awareness on the part of the customer service people how ridiculous that was. It would be physically impossible for my service pipe to deliver that volume of water even if it had been running full open for the entire month. I kept escalating until I reached someone who agreed, and they sent someone out to re-read the meter. And my bill was reduced to about $35.00, the normal amount.
Front line customer support isn't always very in tune with what is sensible for a given customer's account.