Public Utility Finance

New report underscores cost impact of PFAS on POTWs, biosolids facilities

New report underscores cost impact of PFAS on POTWs, biosolids facilities

Public Utility Finance, Water Finance November 2, 2020 at 6:49 am

The National Association of Clean Water Agencies (NACWA) has released a new report by CDM Smith in collaboration with NACWA, the Water Environment Federation (WEF) and the North East Biosolids and Residuals Association (NEBRA) that quantifies the cost impacts of PFAS policies and regulations at 29 publiclyRead More

Resetting the Mission for WIFIA

Resetting the Mission for WIFIA

Public Utility Finance, Water Finance October 19, 2020 at 9:43 am

By John Ryan The WIFIA Loan Program recently announced that it has reset the interest rates on two undrawn loan commitments originally made in mid-2018. The fixed rate on a $135 million loan to Orange County Water District and a $614 million loan to SanRead More

Michigan governor announces $500 million investment in water infrastructure

Michigan governor announces $500 million investment in water infrastructure

Public Utility Finance, Water Finance, Water Management October 12, 2020 at 9:37 am

Michigan Gov. Gretchen Whitmer, along with bipartisan and bicameral partners, recently announced MI Clean Water, a $500 million comprehensive water infrastructure investment in Michigan’s water systems from source to tap. The MI Clean Water plan, the state says, marks a significant investment after decades of underinvestment in Michigan’s infrastructure. “SinceRead More

World’s largest water reuse facility gets CWSRF loan 

World’s largest water reuse facility gets CWSRF loan 

Public Utility Finance, Water Finance, Water Management October 12, 2020 at 6:45 am

The Orange County Water District received a low-interest loan from the Clean Water State Revolving Fund (CWSRF) that will save ratepayers an estimated $1.4 million dollars annually over the life of the 30-year loan. The up to $181 million loan was granted for use towardRead More

NACWA applauds utility aid in new relief package

NACWA applauds utility aid in new relief package

Last week, the U.S. House of Representatives passed a pared-down version of the HEROES Act, the chamber’s previous COVID-19 relief package. The legislation contains $1.5 billion in aid to water and sewer utilities to help low-income ratepayers during the pandemic. The new version of the HEROES billRead More

WIFIA: Examining Synergies with the Muni Bond Market

WIFIA: Examining Synergies with the Muni Bond Market

Financial Report, Public Utility Finance, Water Finance September 25, 2020 at 3:37 pm

Economic gains are possible when investors with different strengths and preferences are combined in a single financing. It’s happening at the WIFIA loan program. By John Ryan The WIFIA loan program makes long-term loans for qualified projects at the U.S. Treasury’s interest rate. Since debtRead More

EPA announces new WIFIA loans totaling more than $415 million

EPA announces new WIFIA loans totaling more than $415 million

Public Utility Finance, Washington Report, Water Finance September 21, 2020 at 9:36 am

The U.S. Environmental Protection Agency (EPA) announced two new Water Infrastructure Finance and Innovation Act (WIFIA) loans at events in Oceanside, Calif. and Salt Lake City, Utah. EPA’s 27th and 28th WIFIA loans will provide more than $415 million to help the local communities financeRead More

Water associations react to EPA’s affordability guidance update

Water associations react to EPA’s affordability guidance update

The American Water Works Association (AWWA), the National Association of Clean Water Agencies (NACWA), and the Water Environment Federation (WEF) are applauding the U.S. Environmental Protection Agency (EPA) for the pre-publication release of its proposed 2020 Financial Capability Assessment (FCA). The new document will aidRead More

Orange County saves ratepayers money with WIFIA loan update

Orange County saves ratepayers money with WIFIA loan update

Joined by leadership from the Orange County Water District (OCWD; Water District) and Orange County Sanitation District (OCSD; Sanitation District), U.S Environmental Protection Agency (EPA) Administrator Andrew Wheeler recently toured the Groundwater Replenishment System (GWRS), where he announced a joint effort that will save ratepayersRead More

Register for the Virtual Water Finance Conference!

Register for the Virtual Water Finance Conference!

The 2020 Water Finance Conference, being presented in a virtual format in September, will touch on a range of topics in the water utility finance space including rate setting, customer affordability short- and long-term financial planning, revenue recovery through technology, financing unfunded regulatory mandates and privatizationRead More