It’s good that the utility’s infrastructure needs for improvement is not being ignored. The U.S. Environmental Protection Agency (EPA) has proposed a budget of $8.6 billion for 2016. Coupled with the relatively new Water Infrastructure and Resiliency Finance Center, which focuses on financial planning for public infrastructure investments, critical needs that affect the water and wastewater industry are being addressed. Other influences addressing those needs are expanding work with states to identify financing opportunities for rural communities and enhancing partnership and collaboration with the U.S. Department of Agriculture on training, technical assistance and funding opportunities in rural areas.
A more in-depth look at the Water Infrastructure and Resiliency Finance Center, EPA funding climate resiliency training for utilities and increased funding for water/wastewater infrastructure is in the attached article. Shortfalls of past years are being realized, and actions and programs are again being established to support the industry. The proper planning, strategizing and utilization of the available resources can greatly determine the success and level of service your utility can provide to its customers.