Public Utility Finance

Fitch: Challenges Ahead for Utilities, But Not Enough to Weaken Ratings

Fitch: Challenges Ahead for Utilities, But Not Enough to Weaken Ratings

December 22, 2021 at 6:00 am 0 comments

By Doug Scott U.S. water and sewer utilities will see some weakening in their financial profiles over the next several months, effectively reversing a trend of steadily declining leverage in recent years as utilities limited the rate of debt growth and posted robust operating margins. Part of the reason forRead More

Thinking Regionally, Thinking Big: Ted Henifin, 2021 WF&M Award Winner

Thinking Regionally, Thinking Big: Ted Henifin, 2021 WF&M Award Winner

December 13, 2021 at 10:16 am 1 comment

When you think about examples of great innovation, it’s easy to think about things like modern technology. The smart phone. Steve Jobs. A bold vision to change the status quo with a groundbreaking product or service. In the water/wastewater utility sector, that same kind of long-term, innovative vision for groundbreakingRead More

EPA invites 39 new projects to apply for WIFIA loans

EPA invites 39 new projects to apply for WIFIA loans

December 10, 2021 at 2:29 pm 0 comments

The U.S. Environmental Protection Agency (EPA) announced that 39 new projects are being invited to apply for Water Infrastructure Finance and Innovation Act (WIFIA) loans and four projects are being added to a waitlist. The agency anticipates that, as funds become available, $6.7 billion in WIFIA loans will help financeRead More

House passes Build Back Better Act with additional water provisions

House passes Build Back Better Act with additional water provisions

November 22, 2021 at 9:23 am 0 comments

In November, the U.S. House of Representatives narrowly passed a $1.75 trillion social spending bill that, according to the Association of Metropolitan Water Agencies (AMWA), includes more than $10 billion for several water-related priorities. These funds would come in addition to the nearly $50 billion in new drinking water and wastewater spendingRead More

Raftelis acquires Westin Technology Solutions

Raftelis acquires Westin Technology Solutions

November 17, 2021 at 1:25 pm 0 comments

Raftelis has announced it acquired Westin Technology Solutions on Nov. 1. The company says the acquisition will enhance its focus on the effective use of business technologies including utility billing and work and asset management optimization. “Adding Westin’s expertise in utility asset and customer management technologies complements what we alreadyRead More

Lawsuit filed against 3M, DuPont, others over LA County PFAS contamination

Lawsuit filed against 3M, DuPont, others over LA County PFAS contamination

November 12, 2021 at 11:13 am 0 comments

SL Environmental Law Group has filed a lawsuit on behalf of the Water Replenishment District (WRD) against 3M Company, E.I. DuPont de Nemours, Inc., and other manufacturers of aqueous film-forming foam (AFFF) for their involvement in the manufacture and sale of per and poly-fluoroalkyl substances (PFAS) that have contaminated groundwaterRead More

NACWA, AMWA to partner for Water Utility Resilience Forum in Miami

NACWA, AMWA to partner for Water Utility Resilience Forum in Miami

October 11, 2021 at 6:00 am 0 comments

In the wake of the global pandemic and among other pressing challenges facing the water utility sector, resilience has emerged as a top issue. To highlight this, the National Association of Clean Water Agencies (NACWA) and the Association of Metropolitan Water Agencies (AMWA) are co-hosting the 2021 Water Utility ResilienceRead More

Lawmakers fail to bring infrastructure bill to vote by deadline

Lawmakers fail to bring infrastructure bill to vote by deadline

October 4, 2021 at 8:08 am 0 comments

The Sept. 30 deadline for the House of Representatives to vote on a bipartisan $550 billion infrastructure bill came and went last week without a resolution. The no vote on the infrastructure package comes as Congressional Democrats continue to negotiate the terms of a separate, potentially multi-trillion dollar reconciliation package focused onRead More

old pipe

House proposes additional $30 billion for lead service line replacement

September 13, 2021 at 8:50 am 0 comments

House Democrats are proposing an additional $30 billion in federal funds for lead service line replacement efforts nationwide, a figure that would be in addition to $15 billion for lead service line replacements that was included in the bipartisan Infrastructure Investment and Jobs Act (IIJA) approved by the Senate in August. According to theRead More

Knowing how much downtime a plant can manage may affect meter choice, but there may be a trade-off between ease of installation and accuracy.

Report: U.S. water systems are consolidating slower than needed

September 1, 2021 at 7:00 am 0 comments

A recent report from the Environmental Policy Innovation Center (EPIC), a Washington, D.C.-based nonprofit, says the consolidation of water systems in the United States is happening at an extremely slow pace. While stronger state policies on consolidation are already coming on line, the EPA should prioritize a new policy to incentivizeRead More