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Consider Water and Sewer Rate Affordability
Author(s) -
Qureshi Naeem,
Hanson Ryan
Publication year - 2019
Publication title -
opflow
Language(s) - English
Resource type - Journals
eISSN - 1551-8701
pISSN - 0149-8029
DOI - 10.1002/opfl.1156
Subject(s) - wastewater , inflation (cosmology) , business , inflation rate , water infrastructure , natural resource economics , environmental economics , water resource management , environmental science , finance , interest rate , economics , environmental engineering , water supply , theoretical physics , physics
The need to reconstruct crumbling US water infrastructure is staggering. Water/wastewater utilities are struggling to fund cost increases resulting from infrastructure renewal and replacement needs, more stringent regulatory requirements, and other cost pressures. This has resulted in rate increases about three times the rate of inflation.