Budgeting for 2023 Under Inflation Uncertainty

Uncertainty on the inflation front continues. There is probably more uncertainty now than six months ago.  As of the end of August, electricity prices were still 15.8% higher than in August 2021. While month-to-month we have seen slight decreases in the Producer Price Index and Consumer Price Index, as well as slowed growth to other … Read more

2022 Rate Survey Benchmarking:  Reserve Targets

The importance of reserve funding for water and wastewater systems has never been so well illustrated as over the past two years.  During the COVID-19 pandemic, utilities took extreme measures to ensure that critical clean water and sanitary sewer services were not disrupted, including suspending service shut-off practices. As a result of the disruption to … Read more