Water Finance

The Pittsburgh Water and Sewer Authority was awarded a $32.1 million funding package from the Pennsylvania Infrastructure Investment Authority (PENNVEST) to continue the aggressive removal of lead service lines throughout its drinking water system. The funding, provided by the Bipartisan Infrastructure Law (BIL), is splitRead More

This month, the Government Finance Officers Association spearheaded a letter to Congress noting the value of maintaining access to tax-preferred infrastructure financing options. Water sector associations, the Association of Metropolitan Water Agencies (AMWA) and the National Association of Clean Water Agencies (NACWA), which represent utilityRead More

As utilities think about deploying large-scale ad­vanced metering, considering the long-term costs associated with managing and main­taining the system are paramount to a successful project. Implementing an advanced metering program in-house can involve significant up-front capital, ongo­ing maintenance expenses and unexpected budget overruns. A metering-as-a-serviceRead More

In December, Carolina Water Service of North Carolina (CWSNC) and Carteret County, located on the North Carolina’s East Coast, closed on CWSNC’s acquisition of the Carteret County water system. CWSNC began its partnership with Carteret County in 2020 when CWSNC was the successful bidder forRead More

Despite the significant infusion of funds from the American Rescue Plan Act (ARPA) and the Bipartisan Infrastructure Law (BIL), Fitch Ratings said it estimates a funding gap in excess of $85 billion over the next five years for water and sewer utilities that will needRead More

Utility Finance Executives Weigh In On Resilience, Affordability, Digital Transformation & More Editor’s Note: Following the conclusion of our 2023 Water Finance Conference in Cleveland, our longtime contributor and colleague Greg Baird, a former water utility CFO and now principal consultant with Black & VeatchRead More

According to a new sector outlook for 2024 by Fitch Ratings, inflationary pressures will continue to ease for U.S. water utilities in the coming year, and the credit ratings agency has moved its outlook to “neutral” from “deteriorating.” Fitch’s U.S. Water and Sewer Outlook 2024Read More

According to a new report from Bluefield Research, the combined water and sewer bill for a typical U.S. household has increased by 56% since 2012, or 4.2% annually. The report is Bluefield’s U.S. Municipal Water & Sewer: Annual Utility Rate Index, 2023, an annual report thatRead More

10th annual event seeking expert presentations on water rate setting, affordability programs, BIL funding, regulatory issues, more RICHFIELD, OHIO — Organizers of the 2024 Water Finance Conference are looking for speakers for its 10th annual event to be held Aug. 6-7 in Buford, Georgia, at The WaterRead More

| By David J. Clamage Advanced metering infrastructure (AMI) is a popular topic today. Infrastructure in general is equally popular as we look for ways to repair and improve the aging and ailing systems that power American life. In November 2021, just in time forRead More