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We came across this news article last night and thought it was a good example of strong financial planning by the community of Laurel, Mississippi. In this community, despite an identified need of over $11 million in line replacement costs, the city leaders used a five and ten-year financial plan to determine that they could [...]
Sewer utilities and their operations, including their rates, tend to get less press than their more glamorous water utility cousins. Perhaps this is because there are just 16,000 sewer utilities in the US as compared to some 52,000 drinking water systems, or perhaps it is because the topic of sewer treatment and collection is, well, [...]
A VP for United Water New Rochelle recently published a letter explaining the reasoning behind the company’s requested rate increase that is now being considered by the NY commission (click here to read the full letter). He brings out a couple of points in the letter that bear additional commentary. “Capital improvements are not a [...]
As the Global Water rate case in Arizona unfolds, we are starting to see “under the skirt” of the water utility that is seeking a 34% increase to its approved water rate and 130% for its sewer rate. We were pretty sure that we would see some fireworks in this case given the size of [...]
Like all technical fields, the utility ratemaking field has its own lingo that while useful in discussions amongst experts, can leave the bystander dazed and confused. One of the more important ratemaking terms out there is revenue requirements. If you are an elected official or someone sitting an audience somewhere that has heard a rate [...]
If you’re a reader of this blog, you will have noted that we often cite news articles showing how utility rates are being increased in different parts of the US. We track these stories because we feel it’s important for our clients, our readers, and our own staff to understand the political dynamics that make [...]
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