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Water and Wastewater Finance and Pricing: The Changing Landscape, Fourth Edition

Editat de George A. Raftelis
en Limba Engleză Hardback – 24 iul 2014
A Strategy Guide for Water Utility Managers and Executives, and a Compendium of Best Financial Practices for Utility Financial Leaders, a "How-To" Guide for Rate and Finance Technicians and a Reference Point for Policymakers
Detailing utility financial plans and rate structures, and highlighting how they align with community sustainability goals and utility objectives, is the focus of the fourth edition of Water and Wastewater Finance and Pricing: The Changing Landscape. Working from a historical perspective, this revised and updated text addresses the current pricing and financial management challenges involved in the water and wastewater industry. It builds on the concepts used in the standard manuals of the American Water Works Association and the Water Environment Federation, and offers additional insight into the long-term sustainability of water systems.
Provides Practical Applications of Finance and Pricing Approaches
This comprehensive guide to financial and pricing practices delves into a number of factors that have impacted how utility finances its capital program and how it structures rates to recover revenue requirements. Among numerous management challenges, the book addresses such issues as reduced per capita usage and customer demand, a weak economy, social media, balancing community environmental sustainability with financial sufficiency, an increased focus on water demand management and efficiency, and the concern over rate affordability. The author factors in the rate-setting process, implementing a cost-of-service and rate model as key input in each chapter, and also presents a strong financial and rate plan for achieving long-term sustainability.
What’s New in the Fourth Edition:
  • Presents cutting-edge management approaches and initiatives, and the importance of strong financial management in addressing strategic financial and pricing goals
  • Expands the discussion on traditional financing options, factoring in the current economic climate
  • Explores in detail how to integrate risk considerations into the development of effective financial and rate plans.
  • Includes techniques for projecting demand by retail, wholesale and other customer classes
  • Provides methodologies for the development of water reuse, wholesale, and wheeling rates
  • Contains computer models that include scenario builders, rate dashboards, and graphical presentations of key rate and financing concepts
  • Discusses effective public education approaches to gain stakeholder support of a utility’s financial and rate plan
  • Introduces "triple bottom line" concepts into selecting an appropriate financial and rate plan
  • Expands the concepts of water and wastewater financial planning into the stormwater discipline
Water and Wastewater Finance and Pricing: The Changing Landscape, Fourth Edition focuses on water and wastewater financial management and pricing, and is geared toward professionals assigned to develop water and wastewater financial plans and rates, senior managers with the responsibility for the long term financial sustainability of the utility, investors evaluating the financial strength of utilities, engineers/consultants planning water and wastewater facilities, academics teaching financial and pricing principles as a part of public policy curriculum, regulators needing to understand the financial viability of utilities under their purview, and policy makers desiring to support effective financial and rate plans for their constituencies.
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Specificații

ISBN-13: 9781466577305
ISBN-10: 1466577304
Pagini: 596
Ilustrații: 329
Dimensiuni: 178 x 254 x 36 mm
Greutate: 1.38 kg
Ediția:Revised
Editura: CRC Press
Colecția CRC Press

Public țintă

Academic and Professional Practice & Development

Cuprins

Part ONE Overview of Financial Environment and the Role of Utility Management. Overview of Financial and Pricing Challenges Confronting the Water and Wastewater Industry. The First Step to Financial Sustainability: Establishing a Strong Utility Management Foundation. Strategic Planning for Water and Wastewater Utilities. Part TWO Financing Water and Wastewater Capital Facilities. Public-Sector Financing Options: Long-Term Financing, Short-Term Financing, and Credit Enhancements. System Development and Other Capital Recovery Charges. Part THREE Water and Wastewater Pricing. Water and Wastewater Rate-Setting Process. Projection of Customer Demand. Identification of Revenue Requirements. Determination of Cost of Service. Designing a Water and Wastewater Rate Structure. Conservation and Efficiency Rate Structures. Rate Making for Outside-City Retail and Wholesale Service. Recycled Water Rates. Designing an Effective Financial Planning and Pricing Computer Model and Dashboard. Part FOUR Selecting the Appropriate Financial Plan and Rate Approach, and Gaining Stakeholder Commitment. Selecting the Appropriate Capital Improvement and Financial Plan. Public Outreach and Gaining Stakeholder Commitment. Part FIVE Alternative Delivery Methods and Public–Private Partnerships. Role of the Private Sector and Alternative Delivery Methods. Legal and Contractual Considerations Related to Alternative Delivery Methods. Part SIX Selected Topics. Evaluating Risk in Utility Finance, Rate Setting, and Capital Planning. Benchmarking Rates and Charges. Valuation of Water and Wastewater Utility Assets. Financial Capability and Affordability. Expanding Financing and Pricing Concepts into Stormwater. Part SEVEN Appendices. Appendices. Index.

Recenzii

"This book should be on every water/wastewater utilities bookshelf."
—Timothy A Houghton, City and County of Honolulu, Department of Environmental Services, Hawaii, USA


Descriere

This new edition updates all areas covered in the previous editions, and substantially expands topics to include major trends in the water and wastewater finance and pricing; management structures supporting finance and pricing; water budget pricing; reuse water pricing; wholesale and wheeling rates; computer modeling of financial and pricing systems; finance and pricing management graphics and reports; risk management in establishing water and wastewater rates and selecting alternative delivery methods; overview of stormwater finance, data management, and pricing; and public education outreach.