![]() Impacts of drought, thereby achieving significant savings. Drought management practices can help utilities respond to and mitigate the Increasing importance as drought begins affecting utilities in areas that are not traditionallyĭrought-prone. While some utilities have formal plansĪnd defined activities to manage drought, many others do not. To store and distribute safe drinking water to customers. Changes in streamflowĪnd precipitation due to climate change can adversely affect the ability of drinking water utilities Use when precipitation is low, and damage to drinking water infrastructure. What climatologists refer to as “hydrological drought,” or low water supply, can also beĬharacterized by deterioration of water quality, increased water demand due to rising outdoor water It brings together a myriad of datasets and reports that, taken together, combine to reflect current trends and practices in revenue resiliency.ĭroughts are expected to occur more frequently and at a greater intensity due to climateĬhange. In its entirety, the report serves as a utility financial review, grounded in practical and applied approaches to securing revenue resiliency. This report provides a large-scale, quantitative analysis of the financial reality of water utilities. The report lays the groundwork for a shift in thinking by utilities to modernize financial and management practices by strengthening linkages among systems, processes, and decision-making practices. The Environmental Finance Center at UNC, Raftelis Financial Consultants, and the Water Research Foundation partnered to produce a report that helps utilities address the challenges of revenue gaps, which are exacerbated by rising customer expectations, declining water consumption, aging infrastructure, and necessary integration of utility finance functions with asset management, environmental justice, risk management, and other initiatives. ![]()
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