Public Utility Finance

EPA designates PFOA, PFOS as hazardous substances under CERCLA

EPA designates PFOA, PFOS as hazardous substances under CERCLA

April 19, 2024 at 3:41 pm 0 comments

The U.S. Environmental Protection Agency (EPA) on Friday finalized more regulatory action on PFAS as it moved to designate perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS), as hazardous substances under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), also known as Superfund. EPA also releasedRead More

EPA announces $10 million WIFIA loan to Memphis

EPA announces $10 million WIFIA loan to Memphis

April 8, 2024 at 8:20 am 0 comments

The U.S. Environmental Protection Agency (EPA) has announced a $10 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the City of Memphis, Tennessee. EPA said the loan will support critical stormwater infrastructure updates to improve the city’s resiliency to storms. The City ofRead More

EPA announces $5.8 billion for SRFs

EPA announces $5.8 billion for SRFs

March 11, 2024 at 9:15 am 0 comments

As part of the fourth Investing in America tour, Vice President Kamala Harris and U.S. Environmental Protection Agency Administrator Michael S. Regan recently announced more than $5.8 billion from President Joe Biden’s Investing in America agenda for states, Tribes and territories to invest in drinkingRead More

Inflationary Pressures Ease for U.S. Water Utilities; Regulatory Policy Looms Large in 2024

Inflationary Pressures Ease for U.S. Water Utilities; Regulatory Policy Looms Large in 2024

February 12, 2024 at 7:35 am 0 comments

| By Audra Dickinson U.S. water utilities are entering a calmer environment in 2024 as the rate of inflation continues to level off, so much so that Fitch Ratings has moved its sector outlook to neutral from deteriorating. Much of the improved picture is drivenRead More

AWWA, AMWA question feasibility, cost of Lead and Copper Rule Improvements

AWWA, AMWA question feasibility, cost of Lead and Copper Rule Improvements

February 8, 2024 at 12:36 pm 0 comments

In recent public comments submitted on the proposed Lead and Copper Rule Improvements (LCRI) rule, the American Water Works Association (AWWA) reiterated its support for removing lead service lines across the country, but recommended “critical revisions” to make the rule feasible and affordable. “Over the last several decades, theRead More

Water Finance Conference coming to The Water Tower in 2024

Water Finance Conference coming to The Water Tower in 2024

February 5, 2024 at 7:05 am 0 comments

The Water Tower Global Innovation Hub in Buford, Georgia, will host 10th annual event for CFOs, finance professionals Aug. 6-7 The Water Finance Conference, a two-day educational seminar for water utility finance executives, will host its 2024 event Aug. 6-7 at The Water Tower Global InnovationRead More

From the Finance Department

From the Finance Department

December 11, 2023 at 6:35 am 0 comments

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

Fitch: Water sector outlook moves to ‘neutral’ from ‘deteriorating’

Fitch: Water sector outlook moves to ‘neutral’ from ‘deteriorating’

December 7, 2023 at 10:33 am 0 comments

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

Bluefield report examines average monthly water, sewer charges across U.S.

Bluefield report examines average monthly water, sewer charges across U.S.

December 6, 2023 at 10:47 am 0 comments

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

Call for Speakers! 2024 Water Finance Conference

Call for Speakers! 2024 Water Finance Conference

December 4, 2023 at 6:00 am 0 comments

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