North Carolina has several hundred local government, non-profit, and for-profit water and wastewater utilities charging customers a wide range of rates. The Environmental Finance Center at the UNC School of Government and the NC League of Municipalities have completed a survey of over 440 utilities’ water and wastewater rates. In this webinar, the EFC presented on the State of Rates in North Carolina, sharing insights into rate structure designs, prices, practices, and financial performance of utilities. This information will be helpful to water utilities as they consider their rates and rate structures during the current budget season.
Presenters also shared the North Carolina Water and Wastewater Rates Dashboard which was updated using the January 2017 water/wastewater rates data. This free, interactive dashboard features benchmarking dials that allows utilities to compare their rates, assess the financial health of their water system, measure the affordability of their residential rates, and determine the strength of their conservation pricing signal. The Rates Dashboard is a great tool to help decision-makers comprehensively evaluate utilities’ rates and financial health. It can also serve as a communications tool for a variety of audiences.
Presenters: Shadi Eskaf, Senior Project Director of the EFC at UNC; Chris Nida, Director of Research at NC League of Municipalities.
Intended webinar audience: Anyone who works for or works with a water and/or wastewater utility in North Carolina (particularly small water systems) in a financial management capacity, including utility managers, finance directors, town/county managers, council/governing board members, mayors, funders, regulators, technical assistance providers, consultants, etc. Utility/finance/town managers of small water systems are especially encouraged to attend. Time will be allocated at the end to ask questions about rates and rate setting practices to help address issues you might be facing during the budget season.