To improve the country’s smallest water systems – those serving fewer than 10,000 people – the U.S. Environmental Protection Agency (EPA) awarded $2 million to the Environmental Finance Center at the University of North Carolina at Chapel Hill.
The Environmental Finance Center and the Alabama Department of Environmental Management conducted a water and wastewater rates survey of over 450 utilities in the State of Alabama. We have created a summary report, interactive Rates Dashboard, and other resources to assist utilities and their stakeholders in analyzing and benchmarking their current rates and financial condition. The EFC is also offering a series of free webinars in August and September of 2014 that will cover the dashboard and other financial management topics and tools.
Through the Smart Management for Small Water Systems project, the EFC works to improve the financial and managerial capabilities of the nation's smallest, most plentiful, and neediest public water systems - those serving fewer than 10,000 people.
This Rates Dashboard allows water and wastewater utilities across the State of Virginia to compare and benchmark their rates, affordability, rates characteristics and financial practices. Data were provided by Draper Aden Associates in their Annual Virginia Water & Wastewater Rates Survey.
An easy-to-use Excel tool that calculates several metrics that assess the relative affordability of a utility's water & wastewater rates on its residential customers. Affordability is assessed for the average customer, low-income customers and a full range of households based on their various income levels. The tool also allows for a new rate structure to be entered to see how affordability compares from one rate structure to the next.
As part the Defining a Resilient Business Model for Water Utilities project, the EFC developed this tool to allow utilities and technical assistance providers to quickly determine the proportion of residential revenues from water sales that may be at risk of loss when residential customers change demand patterns.