Rates & Affordability

2021 Water Finance Conference moves to virtual format

2021 Water Finance Conference moves to virtual format

The Water Finance Conference is again shifting to a virtual format for 2021. The seventh annual event, which exclusively covers financing in the U.S. water utility sector, was originally scheduled for Aug. 18-19 in Washington, D.C. With lockdowns and restrictions beginning to ease, conference organizersRead More

Biden signs COVID stimulus including water affordability program funding

Biden signs COVID stimulus including water affordability program funding

President Joe Biden on Friday signed into law the American Rescue Plan Act, legislation to deliver additional COVID-19 relief that contains $500 million in assistance for low-income clean water customers and support for critical water and sewer investments. This water assistance funding comes in addition toRead More

Raftelis hires new chief economist

Raftelis hires new chief economist

Rates & Affordability, Water Finance March 8, 2021 at 6:55 am

Steven McDonald has joined Raftelis as our Chief Economist to lead our new valuation and economic impact analysis services. He was formerly with CSG Economics at GAI Consultants. Valuation services and economic impact analyses have been top of mind for many Raftelis clients as theyRead More

Water sector applauds House leadership for affordability program boost

Water sector applauds House leadership for affordability program boost

On Friday, the House of Representatives passed the American Rescue Plan Act, legislation to deliver additional COVID-19 relief that contains $500 million for low-income water utility bill assistance. This new funding for low-income water assistance comes in addition to the initial $638 million provided inRead More

NACWA says funding for federal affordability program “nowhere near” needed levels

NACWA says funding for federal affordability program “nowhere near” needed levels

Last week the House of Representatives Energy and Commerce Committee marked up its contribution to the next COVID-19 relief bill last week. Included was an additional $500 million for the Low-Income Water Customer Assistance Program administered by Health and Human Services, bringing the potential totalRead More

The Conundrum of Water Affordability: What’s at Stake?

The Conundrum of Water Affordability: What’s at Stake?

Rates & Affordability, Water Finance February 8, 2021 at 10:01 am

By Ann Bui, Mike Orth & Bruce Allender The U.S. water industry has worked hard in recent years to remind people that potable water is not free. Procuring, treating, and distributing water is costly, and utilities need to cover their costs to make sure customers have safe drinkingRead More

Water sector commends Congress for relief in appropriations package

Water sector commends Congress for relief in appropriations package

Congress recently released the Fiscal Year 2021 Consolidated Appropriations bill. The legislation contains a provision to create the first ever Low-Income Household Drinking Water and Wastewater Emergency Assistance Program with $638 million in appropriations – an historic win for water accessibility and the first appropriation ofRead More

How Will Water Affordability be Defined for the Next 20 Years?

How Will Water Affordability be Defined for the Next 20 Years?

Rates & Affordability, Water Finance December 9, 2020 at 8:00 am

The EPA has a chance to listen and implement water industry leaders’ recommendations on affordability using new data, methods, metrics and digital technologies. Here’s a review of submitted comments to the EPA on its proposed affordability guidance updates.  By Greg Baird In the United States,Read More

WF&M Conversations: Talking rate setting, rate maintenance and communication with Waterworth’s JP Joly

WF&M Conversations: Talking rate setting, rate maintenance and communication with Waterworth’s JP Joly

Rates & Affordability, Water Finance September 29, 2020 at 9:45 am

While water and wastewater utilities are frequently tasked with a meeting multitude of operational standards, they also regularly tackle financial challenges that can have enormous economic ramifications to the public. With this in mind, how often should utilities look to raise rates? Can annual rate maintenanceRead 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