Abstract

This study reviews ten water utilities in Florida utilizing current pricing models to determine how municipal utilities approach affordability. Water is no longer a commodity that can be taken for granted as the effects on the family budget has risen considerably in the past couple of decades. Increasing costs in capital, debt, personnel, chemicals, retrieval, and production have dramatically increased the price of water. Municipalities are faced with diminishing resources, escalating costs, and the need to consider those less fortunate when determining utility pricing. This research reviews programs available to utilities to offset the effect on capital requirements if municipalities adapt a low income friendly pricing model. Ten Florida municipalities are examined utilizing data from the 2012 Water and Wastewater Rate Study conducted for the American Water Works Association. Additionally, affordability programs for all ten municipalities are reviewed.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.