Post Tagged with: "rate setting"

Rate Reviews & Long-Term Financial Planning: Lessons from COVID-19

Rate Reviews & Long-Term Financial Planning: Lessons from COVID-19

August 3, 2020 at 10:10 am 0 comments

By JP Joly With the multitude of challenges the world has faced in 2020, primarily due to the COVID-19 pandemic and its economic impact, many water utilities are rethinking their approach to rate reviews and long-term financial planning. As both residential and CII customers look for rate relief and/or paymentRead More

WSSC cuts more than $131 million in FY21 budget

WSSC cuts more than $131 million in FY21 budget

May 11, 2020 at 10:14 am 0 comments

The Montgomery and Prince George’s County Councils recently met to approve WSSC Water’s nearly $1.5 billion Fiscal Year (FY) 2021 budget. The approved budget will allow WSSC Water to continue protecting public health by upgrading aging pipes, plants and pumps across both counties to ensure safe, clean drinking water continuesRead More

Cal Water wants rate changes delayed until 2021

Cal Water wants rate changes delayed until 2021

May 1, 2020 at 11:35 am 0 comments

California Water Service Group announced that its California subsidiary, California Water Service (Cal Water), has requested that the California Public Utilities Commission (CPUC) delay upcoming rate changes due to the current COVID-19 pandemic, and has committed to deferring other bill increases during 2020. In a motion filed April 28, 2020Read More

Rates and Affordability: A Ratings Agency Perspective

Rates and Affordability: A Ratings Agency Perspective

April 13, 2020 at 8:58 am 0 comments

By Erin Boeke Burke What Does “Affordable” Mean? There are a wide range of opinions on what it means for water and sewer service to be “affordable.” To some, water is a human right, others a property right, and still others a commodity. One thing is certain: Access to potableRead More

Financial Report: Serving the Community through Data-Driven Decisions

Financial Report: Serving the Community through Data-Driven Decisions

February 18, 2020 at 9:27 am 0 comments

By Glenn Barnes Water systems exist to serve their communities. But do the water system’s rate structure, prices, and policies align with community values? The annual rate process is an opportunity to measure this. Every year, water systems should calculate the annual cost of providing water service today and intoRead More

LAST CALL! Call for speakers for 2020 Water Finance Conference

LAST CALL! Call for speakers for 2020 Water Finance Conference

January 8, 2020 at 8:42 am 0 comments

Organizers of the 2020 Water Finance Conference are looking for speakers for its sixth annual event to be held August 19-20 in Washington, D.C. The Water Finance Conference is aimed at gathering executive-level utility professionals, including directors, superintendents, CEOs, CFOs and finance managers with consultants, financial advisors, lawyers and serviceRead More

Setting Stormwater Rates Using Machine Learning

Setting Stormwater Rates Using Machine Learning

December 18, 2019 at 11:39 am 0 comments

City of Mineral Wells, Texas, Uses Image Classification in Stormwater Rate Study By Tak Makino The City of Mineral Wells, Texas, is a community of approximately 15,000 people west of the Dallas-Fort Worth metroplex. The city has experienced numerous floods in recent years, including significant damage in the 2015 Memorial DayRead More

5th Annual Water Finance Conference Welcomes Sonny Popowsky as Keynote Speaker

5th Annual Water Finance Conference Welcomes Sonny Popowsky as Keynote Speaker

July 11, 2019 at 1:44 pm 0 comments

Philadelphia’s water rate board chair and former Pennsylvania consumer advocate to discuss rate setting, affordability challenges Irwin A. “Sonny” Popowsky, chair of the City of Philadelphia’s Water, Sewer & Storm Water Rate Board, will kick off the fifth annual Water Finance Conference as the keynote speaker on the morning ofRead More

Pricing California’s Water During the Drought: Can Rate Structures Provide an Incentive for Conservation?

Pricing California’s Water During the Drought: Can Rate Structures Provide an Incentive for Conservation?

February 20, 2019 at 8:00 am 0 comments

By Jeff Hughes, Shadi Eskaf & Liz Harvell The relationship between water pricing and water use is more nuanced than basic economic theory on supply and demand suggests. That’s what the Environmental Finance Center at the University of North Carolina at Chapel Hill (EFC) found in a recent study on waterRead More

Rate Structuring & Steering the Conversation from Skepticism to Acceptance

Rate Structuring & Steering the Conversation from Skepticism to Acceptance

January 7, 2019 at 12:27 pm 0 comments

By Prabha Kumar The ethos and expectations of the utility management, the administration, the rate-approving body and the ratepayers intersect during every utility’s rate setting and approval process. Municipal utilities, municipal authorities and investor-owned utilities that head down the rate setting path all need to effectively address a myriad of interestsRead More