Public Utility Finance

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

EPA announces $25 million in WIIN grants

EPA announces $25 million in WIIN grants

August 30, 2021 at 8:10 am 0 comments

The U.S. Environmental Protection Agency (EPA) has announced the availability of $25 million in Water Infrastructure Improvements for the Nation (WIIN) Act grants to help improve drinking water. EPA says it is committed to ensuring that all Americans, especially those living in small towns and underserved communities, have safe waterRead More

EPA receives 50 new requests for WIFIA funding totaling $8.2 billion

EPA receives 50 new requests for WIFIA funding totaling $8.2 billion

August 19, 2021 at 8:51 am 0 comments

The U.S. Environmental Protection Agency (EPA) has received 50 letters of interest in response to the agency’s 2021 Notices of Funding Availability. Requests totaling $8.2 billion exceed the agency’s $6.5 billion in available financing and highlight widespread needs for water infrastructure upgrades to benefit communities across the country. “Investing in water infrastructureRead More

Water Finance Conference to conclude virtual sessions Thursday

Water Finance Conference to conclude virtual sessions Thursday

August 13, 2021 at 3:00 pm 0 comments

August 10 | August 12 | August 17 | August 19 The 2021 Water Finance Conference, which is being presented in a virtual format this month, will conclude its virtual sessions Thursday, Aug. 19 with Session 4. This year’s conference is covering a range of topics in the water/wastewater utility financeRead More

Senate passes infrastructure bill with major SRF increases

Senate passes infrastructure bill with major SRF increases

August 12, 2021 at 3:45 pm 0 comments

On Tuesday, the U.S. Senate passed the Infrastructure Investment and Jobs Act after months of bipartisan negotiations between the Biden Administration and a bipartisan group of Senators. The legislative package contains $550 billion in new spending, of which $55 billion will go toward clean and drinking water. Specifically, the bill’sRead More

Infrastructure bill moves forward in Senate

Infrastructure bill moves forward in Senate

August 9, 2021 at 7:00 am 0 comments

The U.S. Senate worked into the weekend on a massive infrastructure bill that promises to spend an additional $550 billion on infrastructure over five years, including $48.4 billion focused on drinking water and wastewater programs at the U.S. EPA. As of Friday, the measure appeared on track for passage overRead More

Increasing State Revolving Fund Capacity through Leveraging

Increasing State Revolving Fund Capacity through Leveraging

July 9, 2021 at 8:16 am 0 comments

Editor’s Note: This article is a follow-up to a piece in the April issue discussing how innovative features of the WIFIA program can help expand SRF loan capacity. By Katy Hansen, Sridhar Vedachalam & John Ryan In 2008, Iowa state lawmakers were determined to finance infrastructure upgrades in 600 smallRead More

A Perspective on Public Water Sector Asset Valuation

A Perspective on Public Water Sector Asset Valuation

July 6, 2021 at 11:24 am 0 comments

By Mark T. Hessel   Property insurance coverage for water and wastewater utilities can present many challenges – for insurer and insured, alike. Accurate coverage begins with proper recording and valuation of the underlying exposures; however, property typically found in utility operations can be difficult for underwriters to comprehend andRead More

House advances bill with increased funding for clean water

House advances bill with increased funding for clean water

June 14, 2021 at 9:25 am 0 comments

The U.S. House of Representatives’ Transportation and Infrastructure (T&I) Committee last week marked up and advanced H.R. 1915, the Water Quality Protection and Job Creation Act of 2021. This legislation follows the Senate’s passage in May of its clean water reauthorization package, S. 914, the Senate Drinking Water and WastewaterRead More