Setting Water Rates Basics: How Raising Money for Water Projects Happens at the Local Level
1:00 PM EST - 2:30 PM EST
Setting Water Rates Basics: How Raising Money for Water Projects Happens at the Local LevelTuesday, July 9th 1:00-2:30 PM EST
Presenter: Stacey Isaac Berahzer, CEO of IB Environmental
Summary of Webinar: In the second of a four-part webinar series, Stacey Isaac Berahzer will provide an overview of the rate setting process for water and wastewater utilities. We will talk about how decisions such as project prioritization for capital improvement plans and asset management are made, and how these prioritized projects drive the rate-setting process. We will review key aspects of rate design, such as customer classes, base charge and billing period and the rate setting approval process. Participants will get an overview of the types of rates structures, and the pros and cons associated with each type. In particular, we will look at how different types of rate structures may affect water conservation and affordability (note that these will be addressed further in the third webinar).
Series Description: Investment in water infrastructure including drinking water, wastewater and stormwater lags well behind what is needed to ensure safe, clean and affordable water, and water systems are struggling to maintain and rehabilitate the nation’s aging infrastructure. This four-part webinar series will look at how communities generate the money for water projects (both traditional pipes and treatment as well as green infrastructure), how investment decisions are made and how local organizations can play a role.
Registration Link: https://attendee.gotowebinar.com/register/6988410543049031692
River Network recently released a Drinking Water Guide that includes a section on What Does Drinking Water Cost and What is My Water Bill Paying For? This four-part webinar series provides the chance to dig deeper into these issues and understand better how water infrastructure is currently paid for including issues of sustainability, affordability and equity. Webinar participants will also have the opportunity to follow up with the speakers on specific issues in online “office hours.”