We were honored yet again recently to have had an article written by our founder and president, Jason Mumm, published in the Journal of the American Water Works Association (May 2012, Vol. 104, No. 5). The article is a summary of data compiled by StepWise Utility Advisors over the past couple of years. Readers of [...]
Water and Wastes Digest, one of the leading publications in the water and wastewater industry, recently published an article written by StepWise’s Jason Mumm. The article, entitled Fair Water Pricing discusses how the relatively low price of water and sewer services in America is a false indicator of its cost, and how those same low [...]
The cost of equity is an often overlooked aspect of water and sewer rate setting. It isn’t always relevant to the rate setting situation, but when it is it is extremely important and most so-called experts get it wrong. This article explains the cost of equity, and some of our approach to quantifying it.