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The Pendulum Swing of Revenue Stability and Conservation
Author(s) -
Baird Gregory M.
Publication year - 2010
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.2010.tb10161.x
Subject(s) - swing , outreach , revenue , stability (learning theory) , environmental economics , computer science , risk analysis (engineering) , control theory (sociology) , environmental science , business , engineering , economics , finance , mechanical engineering , economic growth , control (management) , machine learning , artificial intelligence
This article uses the pendulum swing to illustrate the imbalance between revenue stability requirements and water conservation objectives. The unique factors that make up a utility's water demand and revenue characteristics are discussed, along with the steps required to quantify these factors, including: reviewing possible internal adjustments; conducting studies and scenario testing; tracking and monitoring trends; developing risk mitigation tools; and, promoting community education and outreach.