As the saying goes, a utility’s variable pricing structure and its largely fixed costs are soon parted. And the sweet spot can be a moving target, which has water managers grappling with the boundaries of conventional municipal financing and exploring creative rate structures to make ends meet.
What are green bonds? How do they differ from other environmental bonds and what is their potential to have a positive financial and environmental impact? Who can issue these bonds and what is the general process? Join a free one hour webinar to learn the basics of green bonds and how they may be able to fit into your environmental management strategy.
The EFC recently launched a program to provide resources to empower rural town administrators to create sustainable energy efficiency programs for communities in Eastern North Carolina and throughout the Southeast. These resources will educate building owners on the benefits of energy efficiency, expand the financial expertise of the contractor workforce, and provide viable financing alternatives for energy efficiency initiatives.
As the nation struggles to repair, maintain, and expand its water infrastructure, public-private partnerships are gaining traction as a strategy for filling the gaps. The EFC is examining the potential benefits of alternative water service delivery partnerships to assist decision makers in taking the most effective approach to financing and managing water services.
Public water utilities and the EFC work together to investigate the possible use of new types of pricing models that are more typical in other industries. The alternative price models are designed to vastly increase revenue stability and resiliency for the utilities in the face of declining demands while providing stronger financial incentives to customers to reduce peak demands.
Use our free Water and Wastewater Rates Analysis Model to help set water and/or wastewater rates next year by projecting the utility's expenses, revenues from rates, and fund balance for the next few years. Data inputs are minimal, and the tool has been updated to offer several new features and improvements to make it easier to test scenarios and help determine whether the utility needs to adjust rates in order to achieve financial sufficiency.