Financial Services & Management
A new and challenging economy for utilities
The success of your water utility is often judged on how well you avoid financial turmoil—while still investing in your assets and delivering great service. Our financial services practice teams understand that challenge, and we’re ready to work with you.
Access to consistent and affordable utilities is critical for maintaining health, safety, and overall well-being. For low-income families, utility stability is not just a convenience, but a necessity. That is where WARi® (Weighted Average Residential Index) comes in. WARi® is a service that highlights affordability issues in different neighborhoods and income levels. It calculates the average bill for each area and uses residential income data to compare it to local incomes, helping cities set fair fees and understand financial burdens.
Additionally, our WARi® business consulting services and regulatory compliance consulting services help utilities evaluate the affordability of and compliance with government regulatory agency mandates. Our analysis of residential income data, for example, can augment government agency analysis of such data used in evaluating the financial burden of agency regulations on state, local, and municipal entities.
Let’s work together to identify difficulties in advance, analyze your options, and plot the course for a safe arrival at your future—for your business and for the public that you serve.
Featured News
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Stantec joint venture to deliver Greater Western Water’s infrastructure programRead More
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Stantec-designed Bull Run Filtration Facility recognized with an Envision Platinum AwardRead More
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Stantec partners with WSSC Water and Prince William Water on new Water Research Foundation AI initiativeRead More
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Stantec-Rados team selected to support recycled water in the Inland EmpireRead More