The U.S. Environmental Protection Agency (EPA) has provided $500,000 in funding to The University of North Carolina at Chapel Hill's Environmental Finance Center (EFC) to assist communities addressing water infrastructure challenges.
A simple do-it-yourself Excel tool that guides a utility to assess the relative affordability of its water and wastewater rates on its residential customers using multiple metrics. Affordability is assessed for the average customer, low-income customers, and a full range of households based on their various income levels, both all households and only homeowners. The tool also allows for a new rate structure to be entered to see how affordability compares from one rate structure to the next.
Journal: The Georgia Operator. Volume 50, No. 2 - Spring 2013. Pages 26-30.
The Georgia Association of Water Professionals published a copy of EFC's post on the Environmental Finance blog in "The Georgia Operator" quarterly journal. This article/blog post describes the use of the Census Bureau's Median Household Income statistics in computing a commonly-used affordability indicator for water utilities, funders, state agencies and the U.S. Environmental Protection Agency: "percent MHI".