Water Finance

Water sector groups call for expanded Build America, Buy American waivers

Water sector groups call for expanded Build America, Buy American waivers

September 26, 2022 at 10:45 am 0 comments

A group of water sector organizations and technology companies are asking the U.S. Environmental Protections Agency (EPA) to expand Build America, Buy America (BABA) waivers for all EPA-funded water and wastewater infrastructure projects through the end of 2024, AMWA says. Additionally, the associations and companies are asking for clear guidance onRead More

Water sector coalition supports lead replacement funding using tax-exempt bonds

Water sector coalition supports lead replacement funding using tax-exempt bonds

September 12, 2022 at 9:41 am 0 comments

Last week, eight drinking water and municipal sector organizations wrote to Sen. Michal Bennet (D-Colo.) in support of his anticipated introduction of legislation to make it easier for water systems to finance full lead service line replacements with tax-exempt bonds. Sen. Bennet’s Financing Lead Out of Water (FLOW Act) isRead More

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New York water authority installs cutting-edge solar array in energy, cost reduction effort

September 8, 2022 at 8:39 am 0 comments

In August, Monroe County Water Authority (MCWA) joined with the New York Power Authority (NYPA), developer Sol Systems, local dignitaries and elected officials to celebrate the completion of its new 5 MW ground-mounted solar array in Penfield with a ‘flip the switch’ ceremony. The project is one of the firstRead More

More Advocacy Needed for Large Tunnel and Storage Funds Despite Federal Investment

More Advocacy Needed for Large Tunnel and Storage Funds Despite Federal Investment

September 6, 2022 at 8:32 am 0 comments

By Wayne Hofmann & Rory Ball The fanfare accompanying the passage of the $1.2-trillion Infrastructure Investment and Jobs Act (IIJA) might make you believe our industry’s dreams are coming true. After decades of clamor for increased investment in water and sewer infrastructure, the Federal government has pledged sustained funding overRead More

The Cost of Doing Business

The Cost of Doing Business

September 1, 2022 at 9:00 am 0 comments

Infrastructure Service Providers Talk About How They Are Dealing with Supply Chain Challenges, Increasing Costs By Sharon M. Bueno Editor’s Note: This article first appeared in the July 2022 issue of Trenchless Technology magazine, compiled from interviews with trenchless industry manufacturers, engineers and construction representatives. Trenchless Technology is a sisterRead More

Fitch Ratings: U.S. water utilities withstanding inflationary pressures

Fitch Ratings: U.S. water utilities withstanding inflationary pressures

August 24, 2022 at 6:18 am 0 comments

According to a recent annual peer review for the sector by Fitch Ratings, U.S. water utilities have fared remarkably well post-coronavirus and are withstanding the effects of inflation on operations and capital spending. Operating costs are up across the board after a decline in fiscal 2020, but year-over-year operating revenueRead More

Implementing Federal Funding for Utilities

Implementing Federal Funding for Utilities

August 22, 2022 at 9:28 am 0 comments

Why It’s Important to Think Strategically, Creatively and Holistically When Working with ARPA, IIJA Funds By Jeff Rowe Utilities are faced with a rare and remarkable opportunity to impact the present-day situation of their users and rate payers while also altering the long-term future of their entire communities. With theRead More

Inflation Reduction Act includes funds for Western drought response

Inflation Reduction Act includes funds for Western drought response

August 22, 2022 at 9:03 am 0 comments

The Inflation Reduction Act (H.R. 5376), which Congressional Democrats are calling a major climate change and clean energy bill signed into law by President Joe Biden last week, included several modest provisions designed to respond to the ongoing drought affecting the Western United States. While the $740 billion package isRead More

AMWA voices support for Build America, Buy America waivers

AMWA voices support for Build America, Buy America waivers

August 22, 2022 at 8:51 am 1 comment

The Association of Metropolitan Water Agencies (AMWA), representing large U.S. drinking water systems, submitted a pair of comments this month pertaining to proposed waivers of Build America, Buy America (BABA) requirements for EPA program-funded projects. EPA has previously proposed temporary public interest waivers for projects funded by the Water Infrastructure Finance andRead More

The Elusive Win-Win Scenario in Water Utility Consolidation

The Elusive Win-Win Scenario in Water Utility Consolidation

August 15, 2022 at 8:23 am 0 comments

By Jason Mumm Utility systems work better at scale. George Westinghouse demonstrated it to the world in 1896 when his company harnessed hydroelectric generating stations at Niagara Falls to power the entire city of Buffalo with alternating current. Compared to Thomas Edison’s direct current, Westinghouse’s system required far less investmentRead More